South Florida Real Estate Blog | Palm Beach County Real Estate News & Housing Market Updates from Lang Realty - Blog Archive: April, 2019
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April 2019

Found 2 blog entries for April 2019.

 

Opportunity Zones and How They Work

Are Opportunity Zones the talk of the town in your local Real Estate circles?  No?

While it’s no surprise that this part of the tax code is not yet well known, many savvy investors are jumping at the opportunity of the tax savings that it can provide.

What is an Opportunity Zone?

According to the IRS.gov website, “An Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment….”  Examples of local Opportunity Zones include certain sections of Delray Beach just south of Atlantic Avenue, west of Federal Highway, sections of the west Atlantic Avenue corridor east of Interstate 95 west of Swinton Avenue.  Click here for more about these areas. 

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Lang Realty’s Vini Antonacci and Brian Pearl recently sold a multi-million dollar gorgeous waterfront residence at the exclusive Mizner Grand Condos for Sale in Boca Raton. 

“This was the highest sale for this floor plan in this prestigious building so far this year,” said Pearl.  “With its envious views, spacious living area and ideal location, this comes as no surprise.”

About Mizner Grand Condos

With its two 12-story towers and 138 residences, Mizner Grand overlooks Lake Boca Raton on the grounds of the internationally acclaimed Boca Raton Resort & Club, adjacent to its yacht marina in east Boca Raton homes for sale.  This crown jewel Boca Raton condominium offers five-star amenities including two lakefront pools, club rooms and fitness

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