OZ 2.0 eligibility

Miami Opportunity Zones

Miami, Florida has 412 census tracts eligible for OZ 2.0 designation. Demographics, eligible tract list, and state filing tracker.

412

Eligible Tracts

467,963

City Population

$44,268

Median Household

19.5%

Poverty Rate

How OZ 2.0 applies to Miami

Miami sits within Florida, which is running its own OZ 2.0 selection process under the federal framework. The state's lead agency is FloridaCommerce. Florida has 1,360 census tracts eligible under OZ 2.0 — it can nominate up to 340 to Treasury.

412 of those tracts are inside Miami. OZ 2.0's tightened eligibility criteria — median family income at or below 70% of the state/metro reference (down from 80% under OZ 1.0), with the contiguous-tract option eliminated — means fewer Miami neighborhoods qualify than under the 2018 OZ 1.0 map. How states choose OZ 2.0 tracts →

For investors targeting Miami, the OZ 2.0 tax benefits — rolling 5-year deferral, 10% basis step-up (or 30% for Rural QROFs in qualifying rural tracts), and 100% federal-tax-free exclusion of QOF appreciation after a 10-year hold — apply to investments made on or after January 1, 2027. See the full OZ 1.0 vs 2.0 comparison →

What Miami's demographics imply: with a median household income of $44,268 and a 19.5% poverty rate, Miami is likely to retain a meaningful share of designated tracts in higher-poverty census areas, while higher-income neighborhoods that qualified through the contiguous-tract pathway under OZ 1.0 will lose designation under OZ 2.0.