HISTORIC PRESERVATION TAX EXEMPTION - 4125 SANTA MARIA

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

Miami-Dade County Board of County Commissioners adopted a resolution authorizing 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 $9,872.00 annually. The property owner is Claudio R. Alvarez Trust. The rehabilitation included exterior restoration, stucco repair, window and door replacement, MEP upgrades, new additions, and 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 recommended granting the exemption. The resolution directs the County Mayor or designee to execute and record a covenant related to the exemption.