By Michael Oleaga | First Posted: Jul 16, 2012 05:32 PM EDT

U.S. President Barack Obama speaks at a campaign event at Hillsborough Community College in Tampa, Florida. (Photo : Reuters)

The swing state of Florida may once again be "too close to call" if recent polls are proven accurate, showing a statistical tie between the Democratic and Republican presidential nominees.

The new Mason-Dixon poll show Obama leading by a margin of one, with 46 percent to Romney's 45 percent, however, the margin of error is 3.5 percent. With the margin of error, it can show that Romney could be leading by just 2.5 percent.

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Florida is a crucial state to win in the November presidential elections, as it holds 29 Electoral College votes, the third largest after California and Texas. Unlike California and Texas, Florida is unpredictable in presidential elections, as it voted for Bush in 2000 and 2004, and for Obama in 2008.

Romney may have one advantage with Floridian Senator Marco Rubio, The senator, elected in 2010, is considered as one of the most popular Republicans and is Hispanic, which may attract the demographic that Republicans have had difficulty in terms of votes.

Rubio has been under the spotlight recently as a potential vice presidential candidate with Romney. The Mason-Dixon polled Hispanics about a potential Romney-Rubio candidacy. The poll showed 44 percent of Hispanics would vote for the Romney-Rubio ticket, compared to the 43 percent for the Obama-Biden campaign.

Rubio is popular with the Tea Party as he displays conservative principles, and it could go a long way for the Romney campaign as it aims to attract conservative voters.

Another topic in Florida is Israel. Romney has criticized Obama's stance on Israel, even stating that Obama has 'thrown Israel under the bus.'

Obama has had a turbulent relationship with the Israel prime minister and commented against Israeli settlements. Pundits have noted that Romney may take advantage of the topic, relying on the older Jewish population of the state.

The Tampa Bay Times reported a Romney lead based in a bi-partisan poll by Purple Strategies, with 48 percent to Obama's 45 percent. The report adds that Rubio received a higher positive rating compared to both Romney and Obama, with 51 percent to Obama's 44 and Romney's 33.

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