I can provide you with some pros and cons of purchasing real estate in Lauderdale-by-the-Sea, Florida.

Pros:

1. Location: Lauderdale-by-the-Sea is a charming town located just north of Fort Lauderdale, with plenty of beaches, parks, and interesting local events to keep both residents and visitors entertained.

2. Stable Real Estate Market: The luxury property in Lauderdale-by-the-Sea, Florida is highly sought after by both national and international buyers, which has kept the market relatively stable.

3. Booming Economy: Lauderdale-by-the-Sea is part of a booming Florida economy, making it a great place to invest and provide a steady stream of rental income on investment properties.

Cons:

1. Natural Disasters: With the town being located along the coast, it is inherently risky to live in, to some degree, with the natural risk of hurricanes and storm damage.

2. High Homeowner Insurance Costs: Lauderdale-by-the-Sea lies in a hurricane-troubled region, this causes an increase in homeowner insurance rates, compared to other parts of Florida.

3. High Cost of Living: Being located near a metropolitan area, the town has a higher cost of living than some other Florida towns, so the properties in the area will also be relatively expensive.