Exciting Changes Ahead for Murrells Inlet!
If you’re in the Myrtle Beach area or familiar with the charming town of Murrells Inlet, you might want to lend an ear (or eye!) to what’s happening with the local real estate scene. Rumor has it that a beloved spot, the Inlet Oaks Assisted Living facility, is up for sale! This cozy establishment located at 12287 S.C. Highway 707 made its debut on the commercial real estate platform LoopNet in September 2024, and folks are buzzing about what this could mean for our community.
What’s the Deal?
While the asking price hasn’t been publicly listed (hey, real estate agents do love their secrets!), the buzz is that this property has quite the history. According to Horry County Land Records, it last changed hands back in 2014 for a cool $630,000. Fast forward to now, and its current market value is pegged at a whopping $8.7 million for nearly seven acres of prime land. That’s some serious growth!
Previous Trouble
However, it hasn’t always been smooth sailing for Inlet Oaks. The facility faced a bit of controversy in 2023 when there were hiccups with a license renewal. The South Carolina Department of Health and Environmental Control (SCDHEC) withheld their renewal because the owners missed the deadline for the application. But fear not! Things have a way of working out. Following some back-and-forth with the needed paperwork, SCDHEC ultimately agreed to grant a license and rescinded its original denial.
New Ownership on the Horizon?
The plot thickens! In March 2024, the Department of Public Health received an application for an amended license due to a change of ownership for Inlet Oaks. It looks like new beginnings might be just around the corner, though we’re still waiting for the final word as this application is still pending. Change can be exciting, and we are curious about what a fresh set of owners could bring to the table!
What’s Next for the Community?
So, what does this all mean for Murrells Inlet? An assisted living facility up for grabs opens a lot of opportunities. Whether it continues with the same model or transforms into something entirely different, the future is bright! The community will be watching closely for updates on this property and what it means for our seniors and their families.
Inlet Oaks has been a pillar for many local families, offering care and community for those in need. We can only hope that whatever happens next respects the heart and soul of this facility. Will it remain as is, maybe with a few improvements, or will new ownership decide to revamp the whole experience? Only time will tell!
Stay Tuned!
Myrtle Beach and its surrounding areas are known for their hospitality, warmth, and community spirit, and we’re all rooting for the best outcome possible. Whether you’re a local or just love to visit our beautiful coast, we believe change can be a good thing, especially when it comes to caring for our seniors.
So, keep your ears open and your eyes peeled, folks! The real estate scene around Murrells Inlet is alive and kicking, and who knows what will unfold next!
Author: STAFF HERE MYRTLE BEACH
The HERE Myrtle Beach Staff Writers are a collaborative team of journalists, editors, and local contributors passionate about delivering accurate, timely information to the Myrtle Beach community. As part of the HEREcity.com Network, which powers over 100 U.S. city sites including HEREcolumbia.com, our staff draws on collective experience in South Carolina journalism to cover everything from business sales and real estate developments to dining deals and community initiatives. Our Expertise and Background Local Roots in Myrtle Beach Our team includes lifelong Myrtle Beach residents and SC natives with deep knowledge of the area’s history, economy, and culture. We’ve covered key events like the recent developments along the Grand Strand, Myrtle Beach’s tourism and hospitality industry, and growth in local education sectors (e.g., Coastal Carolina University programs). Collective Experience With over 50 combined years in journalism, our staff has backgrounds in print, digital media, and community reporting. We prioritize fact-based stories, drawing from sources like the Myrtle Beach Area Chamber of Commerce, city government records, and on-the-ground interviews. Commitment to Quality Every article is a group effort, involving research, editing, and verification to ensure reliability. We adhere to journalistic standards, citing credible sources and updating content as new details emerge.
