To buy at Ocean Reef, you must become a member. An equity position for a new buyer costs $235,000, with annual dues of $11,500 — on top of the price of a property. Post and Ecuyer tout Ocean Reef’s family-oriented, community atmosphere, where members can play golf, tennis, dock their boats and enjoy water sports.
Beside this, is Ocean Reef Club expensive?
The Ocean Reef Club prides itself on “the unique way of life.”
|Membership Class||Initiation Fee||Annual Dues|
|Summer only (valid from May to end of October)||$20,000||$3,700|
|Property Equity (This equity will be sold separately from a property)||$215,000||$8,000|
Herein, who is the president of Ocean Reef Club?
Is Ocean Reef Club gated?
Secure. The Club is surrounded by water on three sides, and each of the canals that leads from the bay and ocean to our Marina or winds past our Members’ homes is patrolled by the community’s Public Safety Department. On the fourth side is a gated entrance that is also managed by this department.
Ocean Reef Myrtle Beach Resort – Vacation Oceanfront in Myrtle Beach.
When you decide to own property in Ocean Reef Club, you must become an Equity member in order to use the Club’s facilities. You and your guests will enjoy all the amenities of the Club from Buccaneer Island lagoon, paddle boats, and pool to the array of restaurants and shops.
The checkpoints will be located on US1 mile marker 112.5 and 905 Road at Carysfort Circle (see map below).
Based on the facts and documents you provided with your request, Florida sales tax is not due on the initiation fees charged to join the Taxpayer’s yacht club because all of the requirements of Rule 12A-1.005(4)(a)1.