I have gone to this restaurant for years. It is located right on the inlet. Boats can dock right up and climb aboard the restaurant. The catch of the day is the best bet. I have had other things on the menu, but nothing compares to the value of the catch of the day.
Down the Hatch is extremely popular with the locals, as well as tourists, and reservations are recommended or be prepared to wait an hour for a table. If you have to wait then I suggest going to the bar and having a drink and an appetizer. If you are adventurous, try the shark bites.