Considering many of my real estate clients are wealthy luxury real estate buyers, many of them need my help in finding the best option for keeping and maintaining their boat or yacht after purchasing a property from me or my team. The Charleston South Carolina area is without question one of America’s biggest and most popular boating, and fishing towns, especially on the east coast. With the popularity of the Charleston SC region more and more people are moving here each year who love a life on the water. So it comes as no surprise boat storage both wet slip and dry stack is a hot commodity. Being of the most experienced boat slip Realtors in Charleston SC I have listed the boat slip marinas with wet slip “dock-0minum” in the entire area where one can purchase a boat slip.
DO NOT INQUIRE ABOUT RENTALS HERE
Some things to keep in mind when buying a boat slip in Charleston South Carolina: South Carolina has a luxury tax that applies to yachts and the tax bill is hefty IF and ONLY IF they are here in the state for 180 days or more. So, many large vessel owners move them to places like Florida, which has no property tax on boats. The quandary that’s in play in the yachting world is that taxes are due only on boats registered out-of-state if they spend a certain amount of time in state waters.
Statewide the limit is 60 consecutive days or 90 days total, but counties can extend that limit to 180 days, as Charleston County and other coastal counties have done. Boat and marina owners say that even the extended, 180-day limit is too short, and prompts yacht owners to ship out rather than staying and spending money here.
State law dictates that most boats are taxed on 10.5 percent of their value, as opposed to 6 percent for cars and 4 percent for owner-occupied homes.
MARINAS SLIPS CHARLESTON SC
YACHT HARBOR (Best for those on Isle of Palms & Wild Dunes)
There is a $320 a month regime fee to own a boat slip here, and there is also a yearly POA fee due at closing (1/2 of 1% of purchase price) and yearly POA fee because the marina is part of Wild Dunes resort.
Just before you get to the gates of Wild Dunes is Yacht Harbor marina located at Morgan Cove:
TOLER’S COVE MARINA (best for those on Sullivan’s Island & Mt Pleasant [south])
Located just before you get on Sullivan’s Island off the intracoastal waterway in Marsh Harbor Toler’s Cove marina is a great option for those who live on Sullivan’s Island or The Old Village. Dues to own a slip here are $368 per quarter.
THE HARBORAGE at ASHLEY MARINA (best for those downtown)
Located at 33 Lockwood Dr along the Ashley river this marina is one of (if not the) largest city marina in Charleston SC where most of the largest yachts are kept. The dues are are $713 per quarter. It is also next to the Charleston city marina where celebrities and other famous yacht come when visiting Charleston
RIPLEY LIGHT MARINA (best for those downtown, James Island & West Ashley)
Located off the Ashley river as well this marina The dues are are $798 per quarter. This marina also offers dry stack options for boat storage as well.
ST JOHNS YACHT HARBOR MARINA (best for those on John’s Island & James Island )
Located off the Stono river just as you cross over the bridge from Maybank Hwy. Monthly dues vary from $238 to $798 for the largest 90+ ft slip. This marina unlike any other marina in Charleston has a private club lounge & kitchen, dedicated parking, swimming pool, laundry facilities, additional storage, and a large bathroom with lockers. Most of which is only for owners. VIDEO
BOHICKET MARINA (best for those on Kiawah, Seabrook & John’s Islands)
Located off the Stono river right before you get to Seabrook Island. Dues are $400 per quarter. This marina is about the only one you’d really use if you owned a boat and had property on Seabrook or Kiawah Islands. There are a couple restaurants and shops in the same commercial area as well.
LAUREN’S MARINA (best for those downtown)
Located right next to the aquarium and Dockside condos, the marina at Lauren’s St are conveniently located for those who own a condo at Dockside or Lauren’s Place Condos. The regime dues are $1875 per year. The smallest of “marinas”, these are very limited and go quickly when someone sells.
SUNSET CAY MARINA (best for those Folly Beach & James Island)
The largest marina near Folly Beach and only the Folly River these slips are probably the most affordable in price and in regime fee. Just outside of the marina are the Mariners Cay condos. Slips for sale in Sunset Marina have a quarterly regime fee of $360 .