HISTORIC PRESERVATION TAX EXEMPTION - 4125 SANTA MARIA

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

Miami-Dade County Board of County Commissioners is authorizing a 10-year historic preservation ad valorem tax exemption for the rehabilitation of the property at 4125 Santa Maria Street, Coral Gables, Florida. The exemption applies to countywide operating ad valorem property taxes and is estimated at $9,872.00 annually, running from January 1, 2023, to December 31, 2032. The property owner, Claudio R. Alvarez Trust, undertook restoration work including exterior preservation, window and door installation, stucco repair, and upgrades to mechanical, electrical, and plumbing systems, with a total renovation cost of approximately $6,100,000.00. The taxable value of qualifying improvements was determined to be $2,158,287.00. The Miami-Dade County Historic Preservation Board recommended granting the exemption. The Recreation, Tourism, and Resiliency Committee forwarded the item to the Board with a favorable recommendation.