700 Mitchell Dr.Myrtle Beach, SC 29577

LOCATION, LOCATION, LOCATION! This unique compound features four buildings situated in the highest-density zoning available-MUH-spanning 0.66 acres. The property includes 21 total units, made up of 16 efficiencies and 5 two-bedroom apartments, offering excellent flexibility for both short-term and long-term rental opportunities and is offered at a 9.7% cap rate. Perfectly positioned between Ocean Blvd and Highway 17 Business, it's just a short stroll to the beach, restaurants, and shopping. Whether you're looking for immediate rental income or future redevelopment potential, this location checks every box.

• MLS ID2509474
• Property TypeMulti Unit - Multiple
• Community FeaturesLong Term Rental Allowed, Short Term Rental Allowed
• Days on Site564
• HOA Fee0/ Monthly
• Parcel#44311020132
• Units21
• Year Built1960