HISTORIC PRESERVATION TAX EXEMPTION - 4125 SANTA MARIA

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

Miami-Dade County Board of County Commissioners is authorizing 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, and is estimated to be $9,872.00 annually. The property owner is Claudio R. Alvarez Trust. The rehabilitation included exterior restoration, stucco repair, installation of impact-resistant windows and doors, MEP upgrades, new additions, and site improvements, with approximately $6,100,000.00 spent on renovations. The taxable value of qualifying improvements was determined to be $2,158,287.00. The Miami-Dade County Historic Preservation Board recommended granting the exemption. The Recreation, Tourism, and Resiliency Committee forwarded the item to the Board with a favorable recommendation.