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STOP RENTING!

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Turn Your Monthly Expenses Into Home Equity

Welcome to Marina Landings

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At Marina Landings, we understand that your home is more than just a place to live—it’s a cornerstone of your financial portfolio. That’s why we’ve tailored our community to offer both the serenity of coastal living and the strategic advantage of owning real estate in one of Fort Lauderdale’s most sought-after locations. Whether you’re transitioning from renting to owning or looking to invest in a property with substantial growth potential, Marina Landings offers an unmatched opportunity to build equity, enjoy significant tax advantages, and embrace a lifestyle filled with luxury and ease

Say goodbye to renting - it's time to own your future

Building Equity

One of the primary advantages of owning a home is the opportunity to build equity over time. Equity is the difference between the market value of your home and the remaining mortgage balance. With each mortgage payment, you pay down the loan balance, gradually increasing your ownership stake in the property. This is essentially a form of forced savings, helping you accumulate wealth and financial security.

Predictable Monthly Costs

When you rent a property, your monthly costs are subject to the whims of the rental market. Rent prices can increase annually, causing uncertainty in your budget. On the other hand, homeowners typically have a fixed-rate mortgage, providing stability and predictability in monthly housing expenses. This makes it easier to plan for the future and allocate your budget efficiently.

Tax Benefits

Homeowners enjoy several tax advantages that renters do not. Mortgage interest and property taxes are often tax-deductible, potentially leading to significant savings during tax season. Moreover, when you sell your primary residence, you may be eligible for a capital gains tax exclusion, further boosting your financial benefit from homeownership.

Freedom to Customize

Owning a home allows you to make it your own. You have the freedom to renovate, remodel, and decorate as you see fit, without needing permission from a landlord. This not only enhances your living experience but can also increase your home’s value over time.

Long Term Investment

Real estate tends to appreciate in value over time, making homeownership a long-term investment. While there are no guarantees, historical trends show that property values typically increase, providing a potential source of future financial security. This can be particularly advantageous if you plan to sell your home in the future or use it as a source of income through renting

Stable Neighborhood & Community

Owning a home often leads to a stronger connection with your neighborhood and community. When you plan to stay in one place for an extended period, you’re more likely to become involved in local organizations, schools, and community events. This sense of stability can be especially beneficial for families and individuals looking to establish roots in a specific area.

Pride of Ownership

There’s a unique sense of pride that comes with homeownership. Owning a home is a significant achievement and can provide a strong sense of accomplishment and belonging. You have control over your living space and the ability to create a space that truly feels like home.

New Buyer Incentive

 Take advantage of a $20,000 credit towards your down payment as a new homebuyer at Marina Landings Fort Lauderdale.

Limited Availability

This exclusive offer is available on select
lots. Act fast to seize this unique
opportunity!

Closing Cost Credit

Ease your transition with up to $20,000 credit
towards closing costs, making your move
smoother and more affordable.

Flexible Financing Options

Choose the path that suits you best –
finance with our preferred lenders or opt for
a cash purchase.

Why Marina Landings?

Marina Landings Fort Lauderdale isn’t just a place to live, it’s a lifestyle. Nestled in the heart of Fort Lauderdale, our development offers stunning waterfront views, state-of-the-art amenities, and a community that speaks to luxury and elegance.

Ready to Explore Marina Landings?

Our team is eager to guide you through the exclusive benefits and luxurious lifestyle that await at Marina Landings. Contact us today to schedule a visit or to learn more about this once-in-a-lifetime offer.

Cost Benefit Of Purchasing In Marina Landings

The chart compares the yearly cost of renting a home to the fixed mortgage payments when owning over 10 years. Rent increases each year, while owning gives tax benefits and builds equity as the home’s value goes up and the loan balance goes down. After 10 years, owning results in accumulated equity, representing the homeowner’s share of the property’s value.

The chart compares the yearly cost of renting a home to the fixed mortgage payments when owning over 10 years. Rent increases each year, while owning gives tax benefits and builds equity as the home’s value goes up and the loan balance goes down. After 10 years, owning results in accumulated equity, representing the homeowner’s share of the property’s value. After 10 years of the loan, the estimated equity would be approximately 50.95% of the home’s value.

The image details a conventional (CONV) loan for a home purchase. The sales price of the home is $1,200,000. The loan has a term of 30 years with an interest rate of 6.000%. The Annual Percentage Rate (APR), which includes interest and other costs, is 7.349%. A down payment of $300,000 is required, and the closing costs are $2,274.

Disclaimer: The information presented is for comparison purposes only and is not a commitment to lend or an offer of credit. Loan approval is subject to qualification based on the buyer’s financial status and the property in question. Rates and fees are subject to change without notice. Projected increases in property value are purely estimative; actual market value may fluctuate due to market conditions or property-specific factors. Estimated tax savings assume constant income and tax rates; actual savings may vary. Loan payments may include additional costs such as taxes, insurance, and mortgage insurance. FBC Mortgage, LLC, is licensed under NMLS #152859. For state licensing information and disclosures, please visit www.nmlsconsumeraccess.org. Additional licensing includes: Georgia Residential Mortgage Licensee, AZ Mortgage Banker License #0922681, CA-Department of Financial Protection & Innovation Finance Lenders Law License #60DBO44688 and Residential Mortgage Lending Act License #4131257.

  • Monthly Payment

    To own a property in Marina Landings, one would need to pay a monthly mortgage that includes principal and interest. In addition, there will be property taxes based on a 1.7% tax rate on the home value of $1.2 million. Taking all expenses into account, the total monthly payment comes to $8,829.58, which includes property taxes, and insurance.

  • Total 10-Year Cost

    The cost to own at year 10, based on the data provided, would be $1,361,824. This includes 10 years of mortgage payments, the down payment, and the closing costs

  • Equity Built

    For owning in Marina Landings, the equity built after 10 years was calculated to be $821,641 considering the initial down payment and principal payments over 10 years against the backdrop of property value appreciation (3%).

  • Future Home Value

    For owning in Marina Landings, the future home value after 10 years was projected at $1,612,700 assuming a conservative annual appreciation rate and a property sale price of $1.2 million.

Tax Advantages & Incentives of Home Ownership

The following insights are for potential buyers to consider

One of the most significant tax benefits for homeowners is the ability to deduct mortgage interest on a primary residence. In the early years of a mortgage, when interest comprises a larger portion of the monthly payment, this can result in substantial tax savings.

Home owners can also deduct property taxes paid to local and state governments within limits set by tax law. 

When it comes time to sell your primary residence, the profit you make may be tax-free up to a limit of $250,000 for single filers and $500,000 for married couples filing jointly, provided certain conditions are met. This could represent a significant tax advantage if the value of homes in Marina Landings appreciates.

Interest on home equity loans or lines of credit is potentially deductible if the funds are used to buy, build, or substantially improve the taxpayer’s home that secures the loan.

If a portion of the home is used exclusively and regularly for business purposes, you may be eligible for a home office deduction, which can include a portion of utilities, home insurance, and home maintenance costs.

While the costs of home improvements are not immediately deductible, these costs can add to the basis of your home, reducing the taxable gain when you sell it.

The decision to rent or buy must consider the time horizon of the homeowner, the potential for appreciation, the value of tax deductions, and the costs associated with homeownership. The longer you plan to stay in your home, the more time there is for appreciation to outpace the costs, and the more valuable the tax breaks become.

Calculate Your Monthly Mortgage Payments

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Ready to Explore Marina Landings?

Our team is eager to guide you through the exclusive benefits and luxurious lifestyle that await at Marina Landings. Contact us today to schedule a visit or to learn more about this once-in-a-lifetime offer.

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Learn More about Marina Landings

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1200 E Las Olas Blvd, Fort Lauderdale, Fl
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New Construction Incentives

Get up to $20,000 cash back on closing costs for your dream luxury home. Act fast to secure your savings today!

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