If you are looking for affordable ocean front property, which will generate income in your absence, and will require minimal effort on your part, then you may be interested in a Condotel.
A Condotel operates like a hotel except that each of the units is privately owned by an individual. A management company is secured to manage the rental and maintenance of the units in the building. The revenue generated is shared between the rental management company and the unit owner. As an owner you may or may not choose to utilize the services of the management company. Call me for more information.
In the meantime, click on to the condotels listed below to see what they look like.
Ocean Jewels Resort
Castaways
Daytona Beach Club
Daytona Inn