VB is very isolated. This may be perfect for you if you are trying to get away from it all. If you like bustle of WDW, not so much.
You have to drive 10-20 minutes to restaurants, grocery, shopping, etc. In the town proper (on mainland) is McKee Botanical Gardens which we enjoy. At the north end of the island is Pelican Island National Wildlife Refuge for a couple of hours of walking. I recall a very nice community theatre in the past. Don't know if it is still active.
On campus is a nice sized pool, a mini-golf course, grassy areas for corn-hole, horseshoes, hammock. Across the highway (walking underpass) is a small pond. In the past you could walk around it to a bbq area near the back. When we were there in January, there was some bull-dozing work going on so not sure status. Also some sports courts over there. You can rent bikes to ride on A1A or the Jungle Trail which is (mostly) along the Indian River. I did a kayak tour that i really enjoyed. If there is a southern launch from Cape Canaveral while you are there, you may see or hear it. That's also a nice place to visit.
I have not been overly impressed with resort restaurant in the past but didn't eat there in January. Small food shop by pool was ok for snack or sweets.
Beach is narrow and waves break pretty hard but its nice to walk on.
All the people seemed very nice and friendly.