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, which began January 1, 2023, and ends December 31, 2032, is for the countywide portion of property taxes and is estimated at $9,872.00 annually. The property owner, Claudio R. Alvarez Trust, undertook restoration work including exterior preservation, window and door installation, stucco repair, and interior upgrades, costing approximately $6,100,000.00. The taxable value of the qualifying improvements was determined to be $2,158,287.00. The Miami-Dade County Historic Preservation Board recommended granting the exemption. The property was designated historic by the City of Coral Gables in 2007. The resolution directs the County Mayor or designee to execute and record a covenant related to the exemption.