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 exemption runs from January 1, 2023 through December 31, 2032, with an estimated annual exemption of $9,872.00. The owner is Claudio R. Alvarez Trust. The property was constructed in 1947, designated as a contributing property in the Santa Maria Street Historic District in 2007, and the renovation cost approximately $6,100,000.00, with a taxable value of qualifying improvements of $2,158,287.00. The resolution directs the County Mayor to execute and record a covenant. The item was introduced on May 14, 2026, forwarded with a favorable recommendation by the Recreation, Tourism, and Resiliency Committee on June 9, 2026, and adopted by the Board on July 21, 2026. No public comment or stakeholder sentiment is stated in the document.