Playa Parguito, named after the red snapper fish, is a popular surf spot located on the island. It’s known for its consistent waves and solid surf conditions, attracting both locals and visitors. While it's considered a decent spot, it may not always deliver the best rides. With not too many swimmers around compared to El Agua, it offers a bit more space for surfers to enjoy the waves.

The surf at Playa Parguito generally works best with a northeast swell, but it can handle swells coming from the east as well. The beach breaks are suitable for different skill levels, including beginners, and the waves can range from about 1 foot (0.3 meters) up. You might find some short, hollow rides and the occasional nice A-frame wave when the rips do their thing and break up the close-outs. The preferred wind direction is southwest, and it's good to surf during low to mid and high tides for better wave quality. Waves can break both left and right along the beach, making it a versatile spot.

Playa Parguito is also recognized for its consistency, which makes it a choice for surf contests. It has hosted national championships and was the venue for the Pan American Surfing Games in February 2002, where the local team scored a big win. This spot continues to draw attention for its competitive environment and surfing community.