M is for Marinas…and more specifically, Marina Pointe. We’re featured on page 29 of the all-new “A to Z: The Ultimate Luxury Lifestyle List 2019” by duPont REGISTRY Luxury Living Tampa Bay. For more information on our premier waterfront luxury condominiums, call (813)-421-9148 or visit the sales gallery to schedule a private tour.
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Florida, which has no state income tax, has become more popular among Northeast second-home buyers since these changes went into effect. The thinking is that with homes priced at $1 million to $2 million, Florida’s tax advantage combined with low interest rates could help balance out the federal restrictions.
“Having a lower interest rate (on a mortgage) with the tax advantage is a net positive, so I think we’ll continue to see that in terms of being a stimulus for luxury housing in Florida,” said Noah Breakstone, CEO of BTI partners, a Florida firm that is about to start construction on Marina Pointe, a waterfront development in Tampa, Florida, with units ranging from $700,000 to $2 million.
