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, 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 countywide tax exemption of $9,872.00. 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. Restoration work included exterior restoration, removal of non-original additions, impact-resistant windows and doors, stucco repair, wood shutters, mechanical/electrical/plumbing upgrades, new additions, and site and landscape improvements. The owner spent approximately $6,100,000.00 on the renovation, and the Property Appraiser determined the 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 with a favorable recommendation by the Recreation, Tourism, and Resiliency Committee on 6/9/2026, and adopted by the Board of County Commissioners on 7/21/2026. The exemption applies only to countywide operating ad valorem property taxes. No public comment or stakeholder sentiment is stated in the document.