I've heard of some nice numbers (most bass between 1 - 2 lbs) coming out the corner of University Lake down by the Sororities. Probably where W. Lakeshore and S. Campus drives come together. As far as baits for bream, a small spin beetle would probably work. Live bait wise, I'd try crickets. Never really fished for panfish there.
Across the lake from the sororities is Milford Wampold Park. They do have sort of a sand beach over there. I think Its more of a sand pit. It's not like a Florida beach that goes into the water. I think they did some remodeling of the area so not sure what the area is like now.