Florida Opportunity Zones Map

Is a website with a map to view qualified opportunity zones designated in florida commercial building and site properties across the state and relevant demographic and economic statistics and reports. A low income census tract specially nominated by the governor of a state. View larger map.

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Florida opportunity zones map. Florida is a highly urban state. The opportunity zone program does not include tax incentives or rebates for homeowners who live within opportunity zones. Stearns weaver miller is a florida law firm with offices in miami fort lauderdale tampa tallahassee and coral gables. Stearns weaver miller opportunity zones map.

A full list of opportunity zones in florida can be found the florida department of economic opportunity s website. These funds are in turn invested in low income communities from designated census tracts opportunity zones. 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.

Florida qualified opportunity zones map address search. For the notice including additional puerto rico designated qualified opportunity zones please click here. Find out if your real estate properties are located in qualified opportunity zones with the opportunitydb map. 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.

Searchable map of opportunity zones. Search by address municipality county or census tract to verify locations within qualified opportunity zones. For a list of the census tracts designated by the secretary of the treasury as opportunity zones in july 2018 please click here. Governors in each state and u s.

These zones are designed to spur economic development and job creation in low income communities. 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. What is an opportunity zone. Among their opportunity zones 7 percent are rural while 93 percent are urban.

Enhanced address search tool. 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. They offer a florida qualified opportunity zones map that allows you to search the state by census tract or county.