Stopped by the Soggy Peso twice on a recent trip to Isla. The first time we went for a quick lunch and drink. They only offer one meal choice per day - that day it was fajitas. We ordered the combo chicken and steak. Comes with guac, pretty standard fajitas but they were tasty and there was plenty to share for two adults.
The next trip in we had "cheeseburgers in paradise". Not the best burger I've ever had, but again, perfect meal to share with another person and was cheap. Drinks were good, bartenders were fun and entertaining to the American crowd - it was nice to speak English with other patrons. Seems to be kind of a regular joint to US visitors.'
Enjoyed the outside feel to the bar, the beach area down the steps and beach dogs that came up for leftovers.
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