HISTORIC PRESERVATION TAX EXEMPTION - 4125 SANTA MARIA

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

Miami-Dade County Board of County Commissioners is considering a resolution to authorize a historic preservation ad valorem tax exemption for the rehabilitation of the property at 4125 Santa Maria Street, Coral Gables, Florida. The exemption is for 10 years, from January 1, 2023, to December 31, 2032. The owner, Claudio R. Alvarez Trust, applied for the exemption after completing renovations estimated at $6,100,000. The Property Appraiser determined the taxable value of qualifying improvements to be $2,158,287. The estimated annual countywide ad valorem tax exemption is $9,872.00. The Miami-Dade County Historic Preservation Board recommends granting the exemption. The Recreation, Tourism, and Resiliency Committee forwarded the item to the Board of County Commissioners with a favorable recommendation.