For the long term investors, the returns have been spectacular.2.  

I can afford duplexes in an up-and-coming area but the returns aren't too spectacular.  

Have huge multi million construction projects along the coastline stopped?

It is loaded with undeveloped land and miles of coastline....

I'd go back again any time.Also, something to consider on the investment front - when I was vacationing in Panama last year, I rented a stateroom on a sailboat and sailed around the San Blas islands, which were also spectacular.  

It's a super exciting niche market and the returns are spectacular.  

After all doesn't EVERYBODY want to be a part of something spectacular?!?!?

The coastline from N_FL to Daytona has a lot to offer and the winter months can be a great time to be a buyer.  

While the ocean views from the cliffs are spectacular, the erosion, according to neighbors, is eating a foot of the cliff every year.  

But once you go down that slippery slope 99% will end up making it worse and then crash spectacularly.