I can provide you with some pros and cons of buying property in Key West, Florida.

Some pros of buying property in Key West include:

1. Beautiful location: Key West is located in the southernmost point in the United States and is surrounded by crystal-clear blue waters. The area offers breathtaking ocean views, stunning sunsets, and tropical weather.

2. High demand for vacation rentals: Due to its location and popularity, Key West is a top vacation destination, attracting tourists from all over the world. If you purchase property in Key West, one can rent it out as a vacation property and generate a steady income stream.

3. Tax benefits: Florida does not have a state income tax, which can be a significant advantage for residents, especially retirees.

4. Strong real estate market: Key West has a strong real estate market, which means that property values have remained stable over time. This can be a great investment opportunity for those looking to diversify and expand their real estate portfolio.

Some cons of buying property in Key West include:

1. High property prices: Key West is an exclusive location, and properties here can be expensive compared to other locations in Florida. Therefore, your budget may be a limiting factor when considering buying property here.

2. High insurance costs: Due to the risk of hurricanes and major storms, property insurance costs can be much higher than in other parts of the country.

3. Limited space for new development: The area of Key West is small and limited, with minimal opportunities for new development. This can make it difficult to find suitable properties and can drive up prices for available properties.

4. High cost of living: The cost of living in Key West is generally high, with prices for goods and services higher than the national average. This can be a disadvantage for those on a limited budget.