We lived on the beach in a Condo in southern Florida for quite a few years . Here are the problems you may face on a beach condo. If you are in a hurricane path the owners on the 2nd floor up which have "wind insurance" want some of the insurance money from the 1st floor owners who have flood Insurance and pay less for Ins. and get more. Then you have building repairs spread among the owners, that can and will cost a bundle for each owner. You wake up and find ex felon in one of the buildings and is not the owner. Question: who is paying for him/her. Three main complaints on a regular basis are the three "P's". Poop, pool and Puppy (Dogs). Rebars in balconies are failing, all balconies have to be repaired. Heavy expense. You are governed under Florida Statue 718 which is really not bad. Maintenance fees rates between $500-900 a month. Someone brings a child in the pool and that child "poop's. Under Florida law you must drain the pool and refill. Costly. There are large parties by some owners who make very loud noise. We also had a Condo up north at the same time. Lots of on going problems although not all the same as in Florida. NET: We bought a home in The Villages and are completely satisfied.
