In my mind, Penn reels are clunkers. Period. I am 58 years old and have lived on the Texas Gulf Coast all my life, so I have had the opportunity to "test" quite a few rigs in salt water.
I would strongly recommend a Shimano Triton 200. It has a level wind, will hold over 300 yards of 30# mono, is stainless, graphite, and a small amount of brass, and is as tough as a boot. Look for them on the Internet; you should be able to find one for about $70. Fishing one in fresh water as you are talking about doing, it should last virtually forever if you take prudent care of the drag washers, loosening them at the end of each trip so they don't "cold flow".