HISTORIC PRESERVATION TAX EXEMPTION - 4125 SANTA MARIA

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

The Miami-Dade County Board of County Commissioners adopted Resolution R-634-26 (File Number 260876) on July 21, 2026, 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 countywide tax exemption of $9,872.00. The applicant and owner is Claudio R. Alvarez Trust. The property was originally constructed in 1947, designated as a contributing property in the Santa Maria Street Historic District by the City of Coral Gables in 2007, and the Miami-Dade County Historic Preservation Board recommended the exemption via Resolution No. 2025-08. The total renovation cost was approximately $6,100,000.00, and the taxable value of qualifying improvements was $2,158,287.00. The resolution directs the County Mayor or designee to execute and record a covenant. No public comment or stakeholder sentiment is stated in the document.