On April 11, 2012, The S.C. Supreme Court ruled ownership belongs to the State of S.C.

 

If that decision is not overturned, the City of North Myrtle Beach plans to dredge. However, best case scenario is dredging will not begin until the fall of 2014 and will likely involve a special assessment tax district in the area to help pay for dredging.

 

If dredging is not completed, rental properties along the channels could lose their appeal to vacationers causing property values to decline.

 

Meanwhile, until the dredging occurs, many boaters must time their trips with the high tide.
 

(Click image to enlarge)

~Kay Van Hoesen
April 15, 2012
 
October 14, 2012 UPDATE: Settled. Ownership belongs to the State of South Carolina, and the City of North Myrtle Beach plans to dredge some channels, but it won’t happen overnight. Click here to read more.
 

     ◄ Previous          Page 2 of 2           Next ►      

 
Bull Shark Steals Fish from Sarah Brame’s pole while fishing from a dock in Cherry Grove Inlet, July 10, 2012. See exact location on this aerial map (click here):
 

 
 

_____________________

 

Every month the trusted experts at Certifax scour the market, analyze and report the best real estate bargains, alerting premium subscribers.

 

Most are 10% to 25% below recent sale prices

 

Are you a member of The Certifax Report?

 

Get Access Now