We've stayed there every summer for the past several years. The husband refers to it as the Motel 6 of the gulf coast. I can remember going to the club it used to have when I was in college, but that was long, long ago.
It's old and somewhat run down, but we go there to fish off the pier and there's not anywhere else to just walk out the door and fish like that there that I know of.
I caught a small hammerhead shark and several small black tip sharks off that pier (actually off the parking lot) so I don't swim there anymore, and yes, the watch for falling debris signs are still there.