HISTORIC PRESERVATION TAX EXEMPTION - 4125 SANTA MARIA

Recreation, Tourism, and Resiliency Committee · 2026-06-09 · 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 is Claudio R. Alvarez Trust. The rehabilitation included exterior restoration, removal of non-original additions, installation of impact-resistant windows and doors, stucco repair, wood shutter installation, mechanical, electrical, and plumbing upgrades, construction of new additions, and site/landscape improvements. The total renovation cost was approximately $6,100,000.00, with a taxable value of qualifying improvements at $2,158,287.00. The Miami-Dade County Historic Preservation Board recommends granting the exemption. The Recreation, Tourism, and Resiliency Committee forwarded the item to the BCC with a favorable recommendation.