Though expensive, my vote is for the Kokatat SeaO2 Hybrid vest.
(Part normal PFD, part inflatable for emergencies.)
I paddled 98 miles (158 km), midday, one week two summers ago, where temps ranged from 92 to 96 degrees Fahrenheit (34 to 36 Celsius?)in dead calm conditions, whilst wearing one.
I have paddled many 20+ mile (32+km)very high temp, stagnant wind days in it.
In my opinion, it's the best all around vest out there. It fits your criteria, except it does not have a hydration pocket.
You can sometimes find them on sale at times for about 25% off during the season.
They are cooler than other vests because they have half of the flotation foam inside them (7lbs), wide arm openings and mesh back and sides.