Preserving Recreation, Oceans, Tourism, Environment, and Coastal Towns in Florida Act or the PROTECT Florida Act This bill extends the moratorium until June 30, 2029, on oil and gas exploration, preleasing or leasing in certain areas of the Gulf of Mexico. The bill amends the Outer Continental Shelf Lands Act to establish a moratorium until June 30, 2029, on oil and gas exploration, preleasing or leasing in the (1) Straits of Florida Planning Area, and (2) the area in the South Atlantic Planning Area that is south of the northernmost lateral seaward administrative boundary of Florida.