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 estimated annual countywide tax exemption is $9,872.00. The property owner, Claudio R. Alvarez Trust, invested approximately $6,100,000.00 in renovations, with the qualifying improvements valued at $2,158,287.00 by the Property Appraiser. The Recreation, Tourism, and Resiliency Committee forwarded the item to the Board with a favorable recommendation. No public comment is stated in the document.