Florida Opportunity Zones Map

A full list of opportunity zones in florida can be found the florida department of economic opportunity s website.
Florida opportunity zones map. Enhanced address search tool. Search by address municipality county or census tract to verify locations within qualified opportunity zones. Searchable map of opportunity zones. Territory and the mayor of washington d c are now tasked with identifying a certain number of census tracts which will be eligible to receive private investment through the opportunity zones.
The opportunity zone program does not include tax incentives or rebates for homeowners who live within opportunity zones. Stearns weaver miller opportunity zones map. They offer a florida qualified opportunity zones map that allows you to search the state by census tract or county. Governors in each state and u s.
View larger map. Florida is a highly urban state. Find out if your real estate properties are located in qualified opportunity zones with the opportunitydb map. Florida qualified opportunity zones map address search.
These zones are designed to spur economic development and job creation in low income communities. The opportunity zones program which is still being formulated by the federal government could offer trillions of dollars in tax savings for real estate investors and the prospect of lower investment costs for developers and builders. Statewide just 4 percent of their census tracts are in rural areas. These funds are in turn invested in low income communities from designated census tracts opportunity zones.
Stearns weaver miller is a florida law firm with offices in miami fort lauderdale tampa tallahassee and coral gables. What is an opportunity zone. The 90 day determination period for designating opportunity zones began in late december when the opportunity zones program was created in the tax cuts and jobs act. Among their opportunity zones 7 percent are rural while 93 percent are urban.
A low income census tract specially nominated by the governor of a state. The opportunity zone program is a federal program that provides tax incentives including temporary deferrals on capital gains taxes when investors reinvest those gains in qualified opportunity funds. For a list of the census tracts designated by the secretary of the treasury as opportunity zones in july 2018 please click here.