I think all the things mentioned here are expected with living on or near a pond. You would get use to the frogs croaking. Gators, although a novelty, they are stilla wild animal and I would be cautious especially if you own a small animal ie dog or cat. THe one caution I would also have is that some of these critters be it frogs, 'skeers, or snakes could make their way into your lanai area. Ive seen it happen a number of times to homes not directly on any body of water.
I would just make certain "the pond" has a means of circulating water...and does not become stagent. That could be a mess but otherwise I would enjoy the view.
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