Help / Advice about buying a condo for investment / retireme

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My wife and I have been thinking (preliminary) about investing in a vacation property. We like the idea of a condo b/c it's low maintance and we won't be spending a lot of time there.

My wife is thinking about Hollywood FL and we have a friend who has a place in Fort Lauderdale but this is in general about FL and can include resort areas like Sanibel (etc..)

One thing we have been hearing the condo / housing market has taken a beating in FL so we figured now may be a good time to look.

I worry that over-building will be a problem new units are being built all the time. Condos (I think) are different than regular homes b/c you can build a ton of them and they don't take up as much land, while a house price may rise simply b/c the location is good and land is being used up (depending on where you are talking about).

I am not looking to make a quick buck flipping the property. I wonder if it's a bad or good investment (buying a condo not used as a rental property). And any help or what to watch out for.

I am not going into this as a major money maker but I just wonder how likely a condo or other vacation property will keep up or ahead of inflation or be about the same as I would make on conservative investing the same amount.

I am just starting to think about this so if you can point out any good things to read or just tips in general it will be greatly appreciated.