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It's not Florida, but check out Corpus Cristi, Tx. Lots of places on canals feeding into Laguna Madre & Corpus Cristi Bay. Real estate cost is reasonable, but I don't know how much acreage would push up the price.
Corpus has been a little depressed economically for a few years, but is still a great town in my opinion. Great weather, fantastic food, lots of outdoor activities, Texas open beaches, and in the same neighborhood as some of the best horses in the world (Kingsville/King Ranch).
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