Here are some potential pros and cons of buying property in Pretty Bayou, Florida:

Pros:
- The town is located near beautiful beaches and natural attractions such as St. Andrews State Park and Shell Island.
- The area has a strong economy with a growing job market, particularly in the healthcare and defense industries.
- Pretty Bayou is close to larger cities like Panama City, which offer additional amenities and entertainment.
- Florida has no state income tax, which can save residents money on taxes.

Cons:
- Pretty Bayou is susceptible to hurricanes and flooding, which can damage homes and property.
- While Florida doesn't have a state income tax, the cost of living can be steep, especially in popular tourist areas and near the coast.
- Public transportation is limited in the area, and a car is often necessary for daily tasks and work commutes.
- The town has experienced some growth in recent years, which can bring increased traffic and crowds during peak seasons.

It's important to weigh these factors against your personal preferences and priorities when considering purchasing property in Pretty Bayou or any other location.