Concrete is stiff, heavy, and does exactly what it is designed to do for decades. What limits it in Florida is not the concrete. It is the steel inside the concrete and the saltwater trying to reach it.
What it actually is
Precast reinforced concrete panels, often spanning between driven king piles or driven directly as sheet piles, with a cast concrete cap and tiebacks near the top. The reinforcement inside the panel is what gives it bending strength, and protecting that reinforcement from chlorides is what determines how long the panel lasts.