Advantages of home ownership in Washington Park, Florida may include:

1. Investment: Owning a home in an up-and-coming area like Washington Park, can be a good long-term investment because property values tend to appreciate over time.

2. Sense of Community: Living in a tight-knit community like a village can create a sense of community spirit and help foster lasting friendships with neighbors.

3. Pride of Ownership: As a homeowner, you have greater control over your living space and can customize your home to your specific tastes and needs.

Disadvantages of home ownership in Washington Park, Florida may include:

1. Location: Washington Park village is located in a growing neighborhood, but it may not have all the amenities of a larger city.

2. Cost: Owning a home can be expensive not just in terms of the initial cost, but ongoing expenses like utilities, maintenance, and repairs.

3. Time: Homeownership can be time-consuming, from daily upkeep to more extensive repairs, and may require a significant investment of time and energy.

It's important to balance the advantages and disadvantages of homeownership and determine what is best for your specific situation.