The city of University, Florida is a small college town with a population of around 50,000 people. Here are some potential advantages and disadvantages of buying a property in the city:

Advantages:
- Proximity to the University of South Florida (USF), which is the largest university in the Tampa Bay Area and an economic driver for the region. This may present rental or investment opportunities.
- Access to a vibrant collegiate atmosphere that can offer cultural diversity, entertainment, and an overall lively community.
- Potential for growth and development in the area, as USF is investing in significant infrastructure improvements and increasing enrollment numbers.
- Residency in an area with a warm, sunny climate and access to nearby beaches.

Disadvantages:
- Being a college town can mean a transient population, which may create difficulty in building a stable community.
- The cost of living in University, Florida can be higher than average, as the popularity of the area can lead to inflation in housing prices, utilities, and other necessities.
- The hot and humid climate can be uncomfortable for some, especially in the summer months.
- The area is vulnerable to natural disasters such as hurricanes, which can cause damage to properties and disrupt daily life.

It's important to perform thorough research, consult with a real estate professional, and consider your personal priorities and needs before making a decision about buying property in University, Florida.