HISTORIC PRESERVATION TAX EXEMPTION - 4125 SANTA MARIA

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

The Miami-Dade Board of County Commissioners adopted Resolution R-634-26 (File Number 260876) on July 21, 2026, granting a 10-year historic preservation ad valorem tax exemption for the rehabilitation of the property at 4125 Santa Maria Street, Coral Gables, Florida. The applicant and owner is Claudio R. Alvarez Trust. The exemption runs from January 1, 2023 through December 31, 2032, with an estimated annual exemption of $9,872.00. The property was originally constructed in 1947, designated as a contributing property in the Santa Maria Street Historic District by the City of Coral Gables in 2007, and the renovation cost was approximately $6,100,000.00. The taxable value of qualifying improvements was determined to be $2,158,287.00. The item was forwarded to the Board with a favorable recommendation by the Recreation, Tourism, and Resiliency Committee on June 9, 2026. No public comment or stakeholder sentiment is stated in the document.