condo ... where to buy?

[Kenneth LaVoie]

My wife and I already own 16 units of residential rental realestate in waterville and winslow maine. We are strongly considering buying a "getaway" condo on the east coast and wanted to get some advice on where to buy. Here's what we want / plan:

1. somewhere warmer than maine but NOT so warm that it would be horrible in the early or late summer. (i.e. NOT florida)
2. MUST be ocean front or walking distance minimum (short walk)
3. We HATE golf, loud Harleys and ultra touristy locations.
4 would favor discount to ARV vs. low price. In other words, we'd rather pay 200k for somethiung that sold for 300k 5 years ago (and should again in 5 or 7 years) than to pay 125k for something that's full value, or only going to enjoy minimum appreciation.

That still leaves a lot of places ... but wihtout alot of research I'm not sure where to begin. I'm thinking Maryland, Virginia and North Carolina before it gets too far south.

Any thoughts welcome!!