If you find yourself on Shoal Bay East, Elodia's is a great parking spot for the day. The beach is absolutely gorgeous, there is a small reef for some easy snorkeling and a larger reef a little further out (but still swimming distance). It's less busy than further down the beach near the now-closed Ku property and the neighboring restaurants and properties. And you can take a pleasant beach walk, head around the point for a totally different perspective.
The food is nothing to get excited about at Elodia's, but if you're just looking for a basic burger, fish sandwich or hot dog then you're fine. And you can easily walk up and order a drink at any time. Be prepared -- they do charge a fee for chairs and umbrellas, even if you are eating there.