There are several pros and cons of home ownership in the town of Lake Clarke Shores, Florida.

Pros:
1. Convenient location: Lake Clarke Shores is located in Palm Beach County, Florida, which is a popular destination for tourists and retirees. The town is close to downtown West Palm Beach and other major cities such as Ft. Lauderdale and Miami.

2. Waterfront properties: A large portion of the homes in Lake Clarke Shores are located on the water, either along the lake or canals that lead to it. This provides homeowners with beautiful views and easy access to water activities such as boating and fishing.

3. Small community feel: Lake Clarke Shores is a small town with a population of just over 3,000 people. This creates a tight-knit community feel that many people enjoy.

4. Good schools: The schools in Palm Beach County are generally well-regarded, and Lake Clarke Shores is no exception. Public schools in the area have high ratings and there are several private schools in the area as well.

Cons:
1. Risk of flooding: Being located on the water does come with some risks, and Lake Clarke Shores is no exception. Heavy rains or storms can cause flooding in some areas of the town.

2. Hurricane risk: Florida is known for its hurricane season, and Lake Clarke Shores is located in a high-risk area. This means that homeowners need to be prepared for potential storms and have adequate insurance in place.

3. High property taxes: Palm Beach County has some of the highest property taxes in the country, which could be a turn-off for some potential homeowners.

4. Cost of living: The cost of living in Lake Clarke Shores and Palm Beach County as a whole is higher than the national average. This means that everyday expenses like groceries and utilities may be more expensive than in other areas.