Besides the MOA on the bay side, there is a restricted area on the Gulf Side of that point. As noted above, you are good to the west. However, you will be standing on the line when you launch. I know it would make for some great pictures, but I would strongly advise against flying there at all. It wouldn't be worth the risk. I have flown my Cessna to Gulf Shores many times. I always got VFR flight following in that area so that ATC can help keep me from being arrested! That area is full of military airspace.