It's certainly not a "bad" image at all. You've got, and identified, a lot of great elements here; but it's just out of balance, mainly. The island/lighthouse and clouds, the foreground rocks and the water all all great, but I would suggest looking at how your elements balance out in your image and not include so..."much" of each one. There's too much open water to the left of the image, which is off balance with the large amount of rocks on the right, and your lighthouse is too small in the background and out of balance with the amount of open sky.
Giving yourself a tighter frame would still allow you to keep all of those elements in your image but more even. It also brings out the subtle detail of the rosy light reflecting in the water near the rocks, which ties the skies and water together really nicely.
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