If you are looking at Reef Village as your price range, you might also study The Cloisters". Bob Jorlene(SP?) is building them and they are on the beach side just acrossed from Reef Village, which is on the lagoon, as you know. They start at 105k if I am not mistaken and Bob is a very well respected builder. Personally I went more custom myself. I am very happy with the contractor who is building my condo. Chris Barenfanger has an excellent reputation and builds north of the bridge, also on the beach side acrossed from Reef Village. You can visit his prior projects, every one is different and unique, and he builds as close to custom as you can ask in a condo. He has so far moved every wall for me, is giving me a roof top widows walk (I bought on the top floor)and the moved the balcony and I know for a fact that he will try to accomodate any reasonable request during the building stages. He is honest and reliable, and has been building here for over a decade. You will not need a reator in this instance, but should you purchase a property thru an agent, Chris at Pelican Properties is also my recommendation.
In any case.....do your homework. Don't rush into anything or like beachbummin said, you may end up in a song :-)