HISTORIC PRESERVATION TAX EXEMPTION - 4125 SANTA MARIA

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

Resolution adopted 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 property is a historic residential structure originally constructed in 1947, designated as a contributing property in the Santa Maria Street Historic District by the City of Coral Gables in 2007. The owner is Claudio R. Alvarez Trust. The estimated annual countywide tax exemption is $9,872.00, based on a taxable value of qualifying improvements of $2,158,287.00. Total renovation cost was approximately $6,100,000.00. The exemption runs from January 1, 2023 through December 31, 2032. The Miami-Dade County Historic Preservation Board recommended the exemption via Resolution No. 2025-08. The Board of County Commissioners adopted the resolution on July 21, 2026. The County Mayor or designee is directed to execute and record a covenant. No public comment or stakeholder sentiment is stated in the document.