Zipolite is a beach and a small village in Mexico with a distinctive hippy vibe. It is probably most well-known for its clothing-optional policy.
At daytime, there is regular public transportation by shared taxis (colectivos) and van buses (camionetas) to and from the nearby town of Puerto Angel (a fairly pleasant 4km walk down the road), San Agustinino and Mazunte. From Puerto Angel, you can catch a camioneta up to San Pedro Pochutla, where you can catch buses to Oaxaca and the nearby coastal cities.
You can walk through the jungle to nearby towns farther west along the coast to Mazunte where you can see a Turtle museum. Collectivos will take you back, but be careful not to get caught out too late after they stop running.
-Go surfing. This is a popular surfing area, but its still hard to find areas to rent boards.
-Sit in one of the outdoor restaurants and relax. A couple of them as of this posting have free wifi too.
-Attend one of the occasional beach bonfires at night.
-Go snorkeling in Puerto Angel. Ask for Byron Luna. He will take you out in his boat to search for dolphins, sea turtles and whales (in the whale-season), and then go to a nice beach for snorkeling.
The waves and currents in the sea are not to be taken likely. Be cautious when entering the water for a swim.
Not much police around Zipolite which means it's easier to come by drugs and robberies. A few cases of mugging and rapes have been reported and it's generally not recommended to walk on the dark beach at night time. Make sure the place where you put your valuables is safe and well attended.
A pizzeria is run by a French couple serving up a wide variety of delicious pizzas for approximately 5USD each. The pizzeria has tables right on the beach with a good view of the strip.
There is a taqueria on the main street near Azul Profundo (to the left if you are standing in front of it). Eggs for breakfast are 30 pesos and quesadillas and tacos are 5 pesos. Very good and cheap. Look for the grill set up right in front of the place very close to the street and some plastic patio tables and chairs.
- La Providencia Restaurant (bar), on the back street roca blanca (by Piedra de Fuego), ☎ 9581009234. Contemporary Mexican food. Open for dinner in summer and winter season. 15-20 usd.
Along the beach is a restaurant called "Sal y Pimienta" (Salt and Pepper). They serve fantastic food right on the beach. They have awesome burgers, fresh fish right from the ocean and much more.
- El Alquimista not so cheap but maybe the best food in the town. The place is very nice and beautiful. From the main beach the place is behind the rocks (west) 
There are a large number of low cost rooms along the beach of varying quality.
- Gloria's Shambala. Relaxed guesthouse perched on a hill at the end of the beach. Wonderful restaurant with tables on a cliff overlooking the entire beach.
- la providencia restaurant bar, on the back street (by piedra de fuego), ☎ 9581009234. contemporary mexican fusioned food, outstanding choice in zipolite. open for dinner in the summer and winter. 10 -13 usd.
- Colibri Hostel (On the beach next to Sal y Pimienta). Cabanas right on the Zipolite beach. The place is run bun an american named Steve and some of his friends. They are very nice people and can help you out if there is anything you need.
The rooms are simple but only cost 50 pesos a night as of September 2011. There is shared bathrooms and shower. The hostel is located right next to a restaurant on the beach called Sal y Pimienta, and if you ask they will bring food over to the hostel. 50 pesos a night.
* El Alquimista Seems to be a very nice and comfortable place 
* Lo Cosmico A hippie place: Cheap and without luxory