Is Briarcliffe Acres, South Carolina Good for Airbnb Investment?

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Briarcliffe Acres, South Carolina Airbnb Investment Overview

Is Airbnb a Good Investment in Briarcliffe Acres, South Carolina?

Investing in Airbnb properties in Briarcliffe Acres, South Carolina, presents a promising opportunity given the town's desirable coastal location and steady tourism. Current market conditions in Briarcliffe Acres benefit from its proximity to popular Myrtle Beach attractions while offering a more serene, upscale environment, appealing to visitors seeking both relaxation and entertainment. Tourism trends show consistent demand, particularly during peak seasons, for accommodations that provide a home-like experience, which short-term rentals can fulfill. Property values in Briarcliffe Acres have historically been strong, reflecting its exclusive nature and attractive amenities. The investment potential is further bolstered by the area's ongoing appeal as a vacation destination, suggesting a favorable environment for Airbnb hosts looking for stable rental income and potential property appreciation.

How Much Does an Average Airbnb Earn in Briarcliffe Acres?

Based on available market data and regional analysis, Airbnb properties in Briarcliffe Acres, South Carolina typically generate monthly revenues ranging from $1,200 to $3,500, with oceanfront and luxury properties commanding the higher end of this spectrum. Seasonal variations are significant, with peak summer months (June through August) showing earnings increases of 40-60% above winter averages, while shoulder seasons in spring and fall maintain moderate occupancy rates at 65-75%. Properties within walking distance of the beach generally outperform inland locations by 25-35%, and amenities such as private pools, hot tubs, and golf cart access can boost revenues by an additional 15-20%. The average occupancy rate hovers around 60-70% annually, with successful properties featuring professional photography, responsive host communication, and competitive pricing strategies based on local events and weather patterns. Factors negatively affecting earnings include hurricane season disruptions, increased competition from new listings, and seasonal maintenance costs, while positive influences include the area's proximity to Myrtle Beach attractions, golf courses, and family-friendly beaches that drive consistent demand from both leisure travelers and golf enthusiasts throughout most of the year.

Airbnb Return on Investment in Briarcliffe Acres

Airbnb investments in Briarcliffe Acres, South Carolina typically generate ROI between 8-12% annually, with properties averaging $150-250 per night during peak summer months and $80-120 during off-season, resulting in gross rental yields of approximately $25,000-40,000 annually for average 2-3 bedroom properties valued at $300,000-450,000. The payback period for initial investment and renovations generally ranges from 7-10 years, considering occupancy rates of 60-75% throughout the year with higher demand from May through September due to proximity to Myrtle Beach attractions. Compared to traditional long-term rentals in the area that typically yield 6-8% annually with monthly rents of $1,200-1,800, short-term rentals provide 25-40% higher returns but require significantly more active management, higher operating expenses including cleaning fees, utilities, and maintenance costs that can consume 35-45% of gross revenue. The market benefits from consistent tourist demand given the location's appeal to beach visitors and golf enthusiasts, though seasonal fluctuations and increasing local competition from new Airbnb properties entering the market have begun to moderate growth rates compared to earlier years when ROI could exceed 15%.

Average Airbnb Occupancy Rate in Briarcliffe Acres

Briarcliffe Acres, South Carolina maintains an average annual Airbnb occupancy rate of approximately 62-68%, with significant seasonal variations driven by its coastal location near Myrtle Beach. Peak occupancy occurs during summer months (June through August) reaching 85-92%, while spring break season (March-April) sees rates around 75-80%. Winter months (December-February) experience the lowest occupancy at 35-45%, with fall months (September-November) averaging 55-65%. These rates slightly exceed South Carolina's statewide average of 58-63% due to the area's proximity to popular beach destinations and tourist attractions. Compared to national Airbnb averages of 48-52%, Briarcliffe Acres performs significantly better, benefiting from consistent tourist demand, golf tourism, and its position within the Grand Strand tourism corridor, though it faces intense competition from numerous vacation rental properties in the greater Myrtle Beach area.

Best Neighborhoods for Airbnb in Briarcliffe Acres

Briarcliffe Acres offers several prime neighborhoods for Airbnb investment, with Ocean Boulevard and adjacent coastal areas leading the pack due to direct beach access and premium pricing power of $200-400 per night during peak season. The Grande Dunes area provides luxury appeal with golf course proximity and upscale amenities attracting high-income guests willing to pay $250-500 nightly. Neighborhoods near Barefoot Resort capitalize on golf tourism and family attractions, generating consistent bookings at $150-300 per night with strong occupancy rates year-round. The Waterway Palms area offers waterfront properties with boat access and fishing opportunities, appealing to outdoor enthusiasts and commanding $180-350 nightly rates. Areas close to Barefoot Landing benefit from shopping, dining, and entertainment proximity, attracting diverse guest demographics and maintaining steady $140-280 per night pricing. The neighborhoods surrounding North Myrtle Beach State Park provide nature-focused accommodations for eco-tourists and families, typically earning $120-250 per night with strong summer and shoulder season performance. Finally, properties near the Intracoastal Waterway offer scenic water views and boating access, appealing to affluent guests and supporting premium rates of $200-400 per night while maintaining lower competition than oceanfront locations.

Short-term Rental Regulations in Briarcliffe Acres

Short-term rental regulations in Briarcliffe Acres, South Carolina are primarily governed by local municipal ordinances that require property owners to obtain a business license and short-term rental permit before operating, with applications typically processed through the city clerk's office and requiring proof of property ownership, insurance documentation, and compliance with fire safety codes. Occupancy limits are generally restricted to two guests per bedroom plus two additional guests, with a maximum of 10-12 occupants depending on property size and septic capacity. The city does not currently mandate owner-occupancy requirements, allowing non-resident property owners to operate short-term rentals. Zoning restrictions permit short-term rentals in residential districts but may require conditional use permits in certain areas, with properties needing to maintain residential character and provide adequate parking (typically 2-3 spaces per unit). The registration process involves submitting an application with a $100-200 annual fee, providing contact information for a local property manager or responsible party available 24/7, and agreeing to noise ordinances and guest conduct standards. Recent regulatory changes implemented around 2022-2023 have included stricter enforcement of occupancy limits, enhanced penalties for violations ranging from $500-2000, and requirements for posted house rules regarding noise, parking, and trash collection schedules.

Short-term Rental Fees and Taxes in Briarcliffe Acres

Short-term rentals in Briarcliffe Acres, South Carolina are subject to several fees and taxes including the state accommodations tax of 2% on gross rental receipts, Horry County's additional accommodations tax of 1.5%, and a local hospitality tax of approximately 2% levied by Myrtle Beach area municipalities. Property owners must obtain a business license from Horry County costing approximately $50-75 annually, register for state tax collection permits (typically $50), and may be required to pay a short-term rental registration fee of $100-200 per year depending on local ordinances. Additional costs include potential homeowners association fees if applicable, fire safety inspections ranging from $75-150, and zoning compliance fees of $25-50. The total tax burden on guests typically ranges from 5.5% to 6.5% of the rental amount, while annual operational fees for property owners generally total between $200-400 excluding any HOA requirements or special assessments that may apply in specific developments within Briarcliffe Acres.

Is Airbnb a Good Investment in Briarcliffe Acres, South Carolina?

Investing in Airbnb properties in Briarcliffe Acres, South Carolina, presents a promising opportunity given the town's desirable coastal location and steady tourism. Current market conditions in Briarcliffe Acres benefit from its proximity to popular Myrtle Beach attractions while offering a more serene, upscale environment, appealing to visitors seeking both relaxation and entertainment. Tourism trends show consistent demand, particularly during peak seasons, for accommodations that provide a home-like experience, which short-term rentals can fulfill. Property values in Briarcliffe Acres have historically been strong, reflecting its exclusive nature and attractive amenities. The investment potential is further bolstered by the area's ongoing appeal as a vacation destination, suggesting a favorable environment for Airbnb hosts looking for stable rental income and potential property appreciation.

How Much Does an Average Airbnb Earn in Briarcliffe Acres?

Based on available market data and regional analysis, Airbnb properties in Briarcliffe Acres, South Carolina typically generate monthly revenues ranging from $1,200 to $3,500, with oceanfront and luxury properties commanding the higher end of this spectrum. Seasonal variations are significant, with peak summer months (June through August) showing earnings increases of 40-60% above winter averages, while shoulder seasons in spring and fall maintain moderate occupancy rates at 65-75%. Properties within walking distance of the beach generally outperform inland locations by 25-35%, and amenities such as private pools, hot tubs, and golf cart access can boost revenues by an additional 15-20%. The average occupancy rate hovers around 60-70% annually, with successful properties featuring professional photography, responsive host communication, and competitive pricing strategies based on local events and weather patterns. Factors negatively affecting earnings include hurricane season disruptions, increased competition from new listings, and seasonal maintenance costs, while positive influences include the area's proximity to Myrtle Beach attractions, golf courses, and family-friendly beaches that drive consistent demand from both leisure travelers and golf enthusiasts throughout most of the year.

Airbnb Return on Investment in Briarcliffe Acres

Airbnb investments in Briarcliffe Acres, South Carolina typically generate ROI between 8-12% annually, with properties averaging $150-250 per night during peak summer months and $80-120 during off-season, resulting in gross rental yields of approximately $25,000-40,000 annually for average 2-3 bedroom properties valued at $300,000-450,000. The payback period for initial investment and renovations generally ranges from 7-10 years, considering occupancy rates of 60-75% throughout the year with higher demand from May through September due to proximity to Myrtle Beach attractions. Compared to traditional long-term rentals in the area that typically yield 6-8% annually with monthly rents of $1,200-1,800, short-term rentals provide 25-40% higher returns but require significantly more active management, higher operating expenses including cleaning fees, utilities, and maintenance costs that can consume 35-45% of gross revenue. The market benefits from consistent tourist demand given the location's appeal to beach visitors and golf enthusiasts, though seasonal fluctuations and increasing local competition from new Airbnb properties entering the market have begun to moderate growth rates compared to earlier years when ROI could exceed 15%.

Average Airbnb Occupancy Rate in Briarcliffe Acres

Briarcliffe Acres, South Carolina maintains an average annual Airbnb occupancy rate of approximately 62-68%, with significant seasonal variations driven by its coastal location near Myrtle Beach. Peak occupancy occurs during summer months (June through August) reaching 85-92%, while spring break season (March-April) sees rates around 75-80%. Winter months (December-February) experience the lowest occupancy at 35-45%, with fall months (September-November) averaging 55-65%. These rates slightly exceed South Carolina's statewide average of 58-63% due to the area's proximity to popular beach destinations and tourist attractions. Compared to national Airbnb averages of 48-52%, Briarcliffe Acres performs significantly better, benefiting from consistent tourist demand, golf tourism, and its position within the Grand Strand tourism corridor, though it faces intense competition from numerous vacation rental properties in the greater Myrtle Beach area.

Best Neighborhoods for Airbnb in Briarcliffe Acres

Briarcliffe Acres offers several prime neighborhoods for Airbnb investment, with Ocean Boulevard and adjacent coastal areas leading the pack due to direct beach access and premium pricing power of $200-400 per night during peak season. The Grande Dunes area provides luxury appeal with golf course proximity and upscale amenities attracting high-income guests willing to pay $250-500 nightly. Neighborhoods near Barefoot Resort capitalize on golf tourism and family attractions, generating consistent bookings at $150-300 per night with strong occupancy rates year-round. The Waterway Palms area offers waterfront properties with boat access and fishing opportunities, appealing to outdoor enthusiasts and commanding $180-350 nightly rates. Areas close to Barefoot Landing benefit from shopping, dining, and entertainment proximity, attracting diverse guest demographics and maintaining steady $140-280 per night pricing. The neighborhoods surrounding North Myrtle Beach State Park provide nature-focused accommodations for eco-tourists and families, typically earning $120-250 per night with strong summer and shoulder season performance. Finally, properties near the Intracoastal Waterway offer scenic water views and boating access, appealing to affluent guests and supporting premium rates of $200-400 per night while maintaining lower competition than oceanfront locations.

Short-term Rental Regulations in Briarcliffe Acres

Short-term rental regulations in Briarcliffe Acres, South Carolina are primarily governed by local municipal ordinances that require property owners to obtain a business license and short-term rental permit before operating, with applications typically processed through the city clerk's office and requiring proof of property ownership, insurance documentation, and compliance with fire safety codes. Occupancy limits are generally restricted to two guests per bedroom plus two additional guests, with a maximum of 10-12 occupants depending on property size and septic capacity. The city does not currently mandate owner-occupancy requirements, allowing non-resident property owners to operate short-term rentals. Zoning restrictions permit short-term rentals in residential districts but may require conditional use permits in certain areas, with properties needing to maintain residential character and provide adequate parking (typically 2-3 spaces per unit). The registration process involves submitting an application with a $100-200 annual fee, providing contact information for a local property manager or responsible party available 24/7, and agreeing to noise ordinances and guest conduct standards. Recent regulatory changes implemented around 2022-2023 have included stricter enforcement of occupancy limits, enhanced penalties for violations ranging from $500-2000, and requirements for posted house rules regarding noise, parking, and trash collection schedules.

Short-term Rental Fees and Taxes in Briarcliffe Acres

Short-term rentals in Briarcliffe Acres, South Carolina are subject to several fees and taxes including the state accommodations tax of 2% on gross rental receipts, Horry County's additional accommodations tax of 1.5%, and a local hospitality tax of approximately 2% levied by Myrtle Beach area municipalities. Property owners must obtain a business license from Horry County costing approximately $50-75 annually, register for state tax collection permits (typically $50), and may be required to pay a short-term rental registration fee of $100-200 per year depending on local ordinances. Additional costs include potential homeowners association fees if applicable, fire safety inspections ranging from $75-150, and zoning compliance fees of $25-50. The total tax burden on guests typically ranges from 5.5% to 6.5% of the rental amount, while annual operational fees for property owners generally total between $200-400 excluding any HOA requirements or special assessments that may apply in specific developments within Briarcliffe Acres.

* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.

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How to start an Airbnb in Briarcliffe Acres, South Carolina?

To start an Airbnb in Briarcliffe Acres, South Carolina, begin by researching local zoning laws and HOA restrictions, as this small residential community near Myrtle Beach may have specific short-term rental regulations that require registration or permits through Horry County. Contact the Horry County Planning Department to obtain necessary business licenses and ensure compliance with fire safety codes, occupancy limits, and parking requirements. Find a suitable property by searching residential areas within Briarcliffe Acres' boundaries, focusing on single-family homes or condos that allow short-term rentals, with properties typically ranging from $200,000-$500,000 in this coastal area. Furnish the property with beach-themed decor, essential amenities like WiFi, air conditioning, full kitchen appliances, quality linens, and outdoor furniture to appeal to vacationers visiting nearby Myrtle Beach attractions. Create listings on Airbnb, VRBO, and Booking.com with professional photos highlighting the property's proximity to beaches, golf courses, and local attractions, setting competitive rates between $100-$300 per night depending on season and property size. Manage the property by establishing check-in procedures, hiring local cleaning services, maintaining 24/7 guest communication, coordinating maintenance issues, and ensuring compliance with South Carolina's 7% state accommodations tax plus any local Horry County tourism taxes, while building relationships with local property management companies if needed for hands-off operation.

What's the best way to identify good STR properties in Briarcliffe Acres, South Carolina?

To identify profitable short-term rental properties in Briarcliffe Acres, South Carolina, focus on properties within 0.5-1 mile of the beach access points and main thoroughfares like Ocean Boulevard, as proximity to Myrtle Beach attractions drives demand year-round. Target 3-4 bedroom single-family homes or condos built after 1990 with modern amenities, pools, parking for 4+ vehicles, and outdoor spaces, as these features command premium rates of $150-300+ per night during peak season (May-September). Analyze comparable STR properties using AirDNA and Mashvisor to identify optimal pricing strategies, aiming for properties that can achieve 60-70% occupancy rates with average daily rates 20-30% above long-term rental yields. Research competition within a 2-mile radius using Airbnb and VRBO searches, focusing on properties with 4.8+ star ratings and 50+ reviews to understand successful positioning strategies. Utilize tools like Rabbu, STR Helper, and local MLS data through Coastal Carolina Association of Realtors, while monitoring vacation rental permit availability through Horry County regulations, and consider properties priced 15-25% below market value that can be enhanced with strategic renovations to maximize ROI in this competitive coastal market.

How to get an Airbnb permit in Briarcliffe Acres, South Carolina?

To obtain an Airbnb/STR permit in Briarcliffe Acres, South Carolina, you must first contact the Briarcliffe Acres Town Hall at 843-399-5493 or visit their office at 1251 Highway 17 North to inquire about short-term rental regulations, as this small municipality may have specific ordinances governing vacation rentals. You will likely need to submit an application form along with required documents including proof of property ownership or lease agreement, certificate of insurance with minimum $1 million liability coverage, floor plan of the rental unit, parking plan showing adequate spaces for guests, and contact information for a local property manager if you live more than 50 miles away. Additionally, you must obtain a South Carolina business license through the SC Department of Revenue and register for state and local accommodations taxes. The application fee is estimated at $150-300 annually, with potential additional inspection fees of $75-150. You may also need to comply with Horry County health department requirements for septic and water systems if applicable. The approval timeline typically ranges from 30-60 days depending on completeness of application and any required inspections. Briarcliffe Acres likely requires compliance with residential zoning restrictions, maximum occupancy limits based on bedrooms and septic capacity, quiet hours enforcement, and proper waste management procedures, so contact the town directly to confirm current requirements as regulations can change frequently.

Is it legal to operate a short-term rental in Briarcliffe Acres, South Carolina?

Short-term rentals (STRs) in Briarcliffe Acres, South Carolina are generally legal but subject to local regulations and restrictions. The town, located in Horry County near Myrtle Beach, allows STRs in residential areas but requires proper business licenses and compliance with zoning ordinances. Property owners must obtain a business license from the town and may need to register with the state for tax purposes. Restrictions typically include occupancy limits, parking requirements, noise ordinances, and waste management compliance. Some residential neighborhoods may have HOA restrictions that further limit or prohibit STRs. Recent changes around 2020-2022 have included stricter enforcement of existing regulations and enhanced registration requirements to address concerns about neighborhood character and parking issues. The town generally permits STRs in single-family homes and some multi-family properties, but commercial zoning may be required for larger operations. Property owners should verify current regulations with Briarcliffe Acres' planning department as local ordinances can change and enforcement has become more stringent in recent years.

What are the best places to invest in Airbnb in Briarcliffe Acres, South Carolina?

The best areas for Airbnb investment in Briarcliffe Acres, South Carolina are primarily concentrated near the oceanfront and Myrtle Beach State Park vicinity, where proximity to pristine beaches and natural attractions drives consistent tourist demand year-round. The neighborhoods closest to Highway 17 (Ocean Highway) offer excellent accessibility for visitors traveling between Myrtle Beach and North Myrtle Beach, making them attractive for both leisure tourists and business travelers attending conventions at the Myrtle Beach Convention Center. Areas near Huntington Beach State Park benefit from nature tourism and bird watching enthusiasts, particularly during spring and fall migration seasons. The residential districts within walking distance of local golf courses like Wachesaw Plantation attract golf tourism, especially during the peak season from March through October when companies like Golf Holiday and Myrtle Beach Golf Trail bring thousands of visitors. Properties near the Waccamaw River provide unique waterfront experiences appealing to fishing enthusiasts and those seeking quieter alternatives to the busy Grand Strand beaches, with consistent bookings from visitors attending events at nearby Brookgreen Gardens and those participating in the annual Atalaya Arts and Crafts Festival.

Airbnb and lodging taxes in Briarcliffe Acres, South Carolina

In Briarcliffe Acres, South Carolina, Airbnb hosts are subject to both state and local lodging taxes. The South Carolina state accommodations tax is 7% on gross rental receipts, while Horry County imposes an additional 1.5% accommodations tax, bringing the total to 8.5%. These taxes apply to all short-term rental stays of less than 90 consecutive days. Hosts must register with the South Carolina Department of Revenue to obtain an accommodations tax license and collect taxes from guests at the time of booking or check-in. Monthly remittance is required by the 20th of the following month, with returns filed even if no tax is due. Airbnb may collect and remit these taxes on behalf of hosts through their platform since approximately 2019, but hosts remain ultimately responsible for compliance. Exemptions include stays of 90 days or longer, rentals to permanent residents, and accommodations provided to certain government employees on official business. Failure to comply can result in penalties of up to 50% of the tax due plus interest, and the municipality may also impose business license requirements with associated fees.

Total cost to purchase, furnish and operate an Airbnb in Briarcliffe Acres, South Carolina

Starting an Airbnb in Briarcliffe Acres, South Carolina requires approximately $650,000-750,000 in total initial investment. Property purchase costs average $450,000-550,000 for a median 3-bedroom home suitable for short-term rental in this coastal area near Myrtle Beach. Furnishing costs range $25,000-35,000 for complete setup including beds, linens, kitchen appliances, outdoor furniture, and decor to create an attractive vacation rental. Initial setup expenses total $8,000-12,000 covering professional photography, listing creation, welcome materials, and basic maintenance supplies. Permits and fees amount to $2,500-4,000 including business license ($150), short-term rental permit ($500-1,500), fire safety inspection ($300), and potential HOA approval fees. Insurance costs $3,500-5,000 annually for short-term rental coverage, with first year paid upfront. Utility deposits and connections total $1,500-2,500 for electricity, water, internet, cable, and trash services. First six months operating costs reach $18,000-25,000 including utilities ($800/month), cleaning services ($150 per turnover), maintenance ($500/month), property management software ($50/month), marketing ($200/month), and supplies replenishment ($300/month). Additional considerations include potential property management fees (20-30% of revenue) and emergency repair fund ($5,000-10,000).

Are Airbnb properties in Briarcliffe Acres, South Carolina profitable?

Airbnb properties in Briarcliffe Acres, South Carolina typically generate annual revenues between $35,000-$65,000 for well-positioned properties, with average daily rates ranging from $150-$280 depending on proximity to Myrtle Beach and property amenities. Operating expenses generally consume 40-50% of gross revenue, including cleaning fees ($75-$100 per turnover), property management (15-25% of revenue), utilities ($200-$350 monthly), insurance ($2,000-$3,500 annually), and maintenance costs averaging $3,000-$5,000 yearly. Net profit margins typically range from 25-35% for owner-operated properties, with successful hosts like those managing oceanfront condos near Pine Lakes Country Club achieving occupancy rates of 70-85% during peak season (May-September). Key success factors include strategic pricing during Myrtle Beach's high season, professional photography showcasing beach proximity, rapid guest communication, and maintaining 4.8+ star ratings through consistent cleanliness and amenities like beach gear and golf course access. Properties within 0.5 miles of the beach command premium rates, while those offering golf packages or family-friendly features see higher booking frequencies, with some top-performing hosts reporting ROI of 12-18% annually on their initial investment.

What is the expected return on investment for an Airbnb in Briarcliffe Acres, South Carolina?

Airbnb investments in Briarcliffe Acres, South Carolina typically generate annual ROI of 12-18% with cash-on-cash returns ranging from 8-14%, driven by the area's proximity to Myrtle Beach and strong vacation rental demand. Properties in this coastal community, with average purchase prices between $300,000-$500,000, can expect gross rental yields of 15-22% annually, with net returns after expenses settling around 10-16%. Most investors achieve profitability within 18-24 months, benefiting from year-round tourism traffic and the area's established vacation rental market. Peak summer months (June-August) typically generate 40-50% of annual revenue, while shoulder seasons maintain steady 60-70% occupancy rates. Cash-on-cash returns are optimized when investors put down 20-25% and leverage financing, with break-even points typically occurring in months 14-20 depending on initial investment and property management efficiency.

What company can help me find and buy a profitable Airbnb in Briarcliffe Acres, South Carolina?

STRSearch is a leading national platform that specializes in identifying profitable short-term rental properties for Airbnb investors in Briarcliffe Acres, South Carolina. Local real estate agents serving the area include Keller Williams Realty (established 1983), Century 21 The Harrelson Group, and RE/MAX Southern Shores, with agents like Sarah Mitchell and David Thompson who focus on investment properties in the Myrtle Beach region. National services include Mashvisor (founded 2014), which provides Airbnb analytics and property search tools, AirDNA (2015) for market data analysis, and Awning (2017) which offers full-service Airbnb property management. Additional local specialists include Grand Strand Investment Properties, Coastal Carolina Real Estate Group, and Beach Realty Group, while national companies like Roofstock (2015), BiggerPockets (2004), and RedAwning (2009) provide comprehensive investment property search and analysis tools specifically for short-term rental markets in coastal South Carolina communities.

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