Welcome to Bud & Alley's Restaurant. Good Food. Good People. Good Times. Founded in 1986 and named for a dog and cat, Bud & Alley's has been a revered gathering place by loyal patrons for great food, great fun and Seaside's finest sunsets for 25 years. South Walton's longest established restaurant, Bud & Alley's is nestled in the dunes overlooking the Gulf of Mexico. Bud & Alley's has garnered numerous awards including Florida Trend Magazines Golden Spoon Award designating the eatery as one of the top 20 restaurants in Florida as well as receiving a five star designation from the Tallahassee Democrat and annually winning Wine Spectator Magazines Award of Excellence.