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, 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 is for the owner, Claudio R. Alvarez Trust, and runs from January 1, 2023 to December 31, 2032. The estimated annual countywide tax exemption is approximately $9,872.00. 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 total renovation cost was approximately $6,100,000.00, with the taxable value of qualifying improvements determined to be $2,158,287.00. The resolution directs the County Mayor or designee 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 of County Commissioners on July 21, 2026. No public comment or stakeholder sentiment is stated in the document.