We have stayed at Pointe on the Bay twice! It is a very nice exchange! It sits RIGHT on the bay. We usually drive down closer to the end of the boardwalk and park on the street somewhere and then go to the boardwalk/beach. We have been there in Sept/Oct both times. Crossing the street is possible when you are in that pre/post season but I bet it would be much harder during the summertime. The units themselves are nice. We had a 3 bedroom each time. We enjoy the sunsets on the bay and if you are in a room without a building directly in front of your unit, you can also see the sunrise pretty well.
It can be a little hard to turn into. It shares an entrance road with a mini golf course, and a buffet but there is a private parking lot. Once you know where it is, you'll be fine! There is no beach shuttle to my knowledge but then again, we were there sort of off season.