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Declare a local variable at the beginning of the View:

@{
   var yourStyle = "";
   if(Model.Condition)
   {
       yourStyle = "float:left;";
       //specific conditions and logic
   }
   else
   {
       yourStyle = "float:right;";
      //any other conditions and logic
   }
}

and then just use it in your div:

<div style="@yourStyle">