Advantages:
- Proximity to Cocoa Beach and other nearby popular coastal destinations, which could be beneficial for vacation rental properties or second homes.
- Relatively affordable housing prices compared to other nearby coastal towns in Florida.
- Growing job market with opportunities for employment in industries such as aerospace, tourism, and healthcare.
- Access to outdoor recreational activities such as fishing, boating and hiking.

Disadvantages:
- Risk of natural disasters such as hurricanes, which could lead to potential property damage and high insurance premiums.
- High humidity and hot temperatures during the summer months.
- The town may not have the same level of amenities or attractions as some of the more well-known coastal towns in Florida.
- Limited public transportation options.

It's important to conduct further research and analysis on the real estate market and economic trends in Cocoa West to make an informed decision on whether or not to purchase property there.