I'm sure I sound like a broken record, but
If for retirement, and you're looking at a SFH rather than a condo, I would look to buy a lot and develop it. More bang for buck that way. You can get a fairly deep water creek half acre lot in edisto for less than $200k for example that is also close to the beach. With cost to develop, you can place a 1500 sq ft home and be all in for $500k, but have a value of much more. The only hitch is you need generally 20%+ to do a construction perm loan, which would be over $100k in this case, but I suspect that's not an issue if looking for retirement home and you have an existing place with equity in it.
I linked an example of a low cost deep water lot close to the beach. [Post edited by Folly Beach Hokie at 03/16/2021 3:07PM]
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In response to this post by vt90)
Link: --Lot--
Posted: 03/16/2021 at 1:28PM