HISTORIC PRESERVATION TAX EXEMPTION - 4125 SANTA MARIA

Board of County Commissioners · 2026-07-21 · resolution

Miami-Dade County Board of County Commissioners is considering a resolution to authorize a historic preservation ad valorem tax exemption for the rehabilitation of the property at 4125 Santa Maria Street, Coral Gables, Florida. The exemption is for 10 years, from January 1, 2023, to December 31, 2032, and is estimated to be approximately $9,872.00 annually. The property owner is the Claudio R. Alvarez Trust. The Recreation, Tourism, and Resiliency Committee forwarded the item to the Board with a favorable recommendation. The rehabilitation work included exterior restoration, installation of impact-resistant windows and doors, stucco repair, wood shutter installation, MEP upgrades, new additions, and site/landscape improvements, with the owner spending approximately $6,100,000.00 on the renovation. The taxable value of the qualifying improvements was determined to be $2,158,287.00. The Miami-Dade County Historic Preservation Board recommends granting the exemption.