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 applicant and owner is the 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 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 is also an individually designated historic landmark. 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 total renovation cost was approximately $6,100,000.00, and the taxable value of qualifying improvements was determined to be $2,158,287.00. The Miami-Dade County Historic Preservation Board recommended the exemption via Resolution No. 2025-08. The item was forwarded to the Board with a favorable recommendation by the Recreation, Tourism, and Resiliency Committee on June 9, 2026. The resolution directs the County Mayor or designee to execute and record a covenant and to exercise provisions therein, including ensuring maintenance and preservation, inspecting for compliance, and reporting non-compliance. The tax exemption applies only to countywide operating ad valorem property taxes, not other taxing authorities. No public comment or stakeholder sentiment is stated in the document.