HISTORIC PRESERVATION TAX EXEMPTION - 4125 SANTA MARIA

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

The Board of County Commissioners adopted Resolution R-634-26, File Number 260876, 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 is granted to Claudio R. Alvarez Trust as owner, runs from January 1, 2023 to December 31, 2032, and exempts approximately $9,872.00 per year in countywide operating ad valorem taxes. The property was constructed in 1947, designated as contributing to the Santa Maria Street Historic District in 2007, and renovation costs were approximately $6,100,000.00 with taxable value of qualifying improvements at $2,158,287.00. The Miami-Dade County Historic Preservation Board recommended the exemption via Resolution No. 2025-08. The item was introduced on 5/14/2026, forwarded favorably by the Recreation, Tourism, and Resiliency Committee on 6/9/2026, and adopted on 7/21/2026. No public comment or stakeholder sentiment is stated in the document.