We have had a vacation condo in that area for about 10 years. Hurricane Michael was a category 5 in 2018 that hit a few miles east of us. Our area (Rosemary Beach) didn’t have any major flooding nor anything worse than a few downed tree limbs. Just about all the buildings in the town have been designed to tolerate such an impact. “Beachfront” is behind the sand dunes. Our condo is two blocks back from the dunes, so maybe 200 meters or less and we have never had any issues. Even the town streets/parking is a permeable system to help with rainfall.
Without the dunes there would way more chances of issues. So like everything real estate - location, location, location and how you build.