The view from patio to the blue lagoon with coming and going boats, beach, surrounding white houses is unbelievable. You do have to descend to the beach for 5 min (unpaved trail), but it simply adds to the charm.
The beach has a free patch of sand without shade, to tent an umbrella for the day costs €50 and up. However, the beach/sand/water are FABULOUS.
DJ starting at 430pm very day is pretty good, danve party usually lasts until  9pm, later on weekends.
I loved Mykonos Azure and recommend it for staying at Myconos