For the cost of the room and location, it's a great place. I stayed in room I-2 and I'd give the renovation effort a B+ but overall a C. There were some flaws and corners cut but the room was clean had no issues with utilities or furniture. The taco place in the front is pretty good and the staff at both hotel and restaurant were always friendly but not the fake kind.
I booked for one night thinking that I would check out at 11am and see the area until my flight at 9pm. I enjoyed the area enough to book another night even though I was only able to use it for 5 hours. It was worth the convenience. Otherwise, the office will hold you bags.
If you need beach chairs, towels, etc they have them to borrow.
One thing to be aware of is parking. Just like any beach area, parking is a premium. The hotel charges a reasonable $16 a day and I recommend it for the convenience. Margaritaville has a public parking garage at 4 an hour but fills up early afternoon. There are other public lots 20 for four hours and one across the street for 5 an hour. Uber and Lyft are always options.
The hotel is situated right in the middle of all the restaurants, bars, and night life but you can't hear it the room.