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 4125 Santa Maria Street, Coral Gables, Florida. The property owner, Claudio R. Alvarez Trust, has applied for this exemption for work completed on the historic residential property, originally constructed in 1947. The rehabilitation included exterior restoration, installation of impact-resistant windows and doors, stucco repair, wood shutter installation, MEP upgrades, new additions, and site/landscape improvements. The total renovation cost was approximately $6,100,000.00, with the qualifying improvements valued at $2,158,287.00. The exemption, if approved, will run for 10 years, from January 1, 2023, to December 31, 2032, providing an estimated annual countywide tax exemption of $9,872.00. The Recreation, Tourism, and Resiliency Committee forwarded this item to the Board with a favorable recommendation. No public comment or stakeholder sentiment is stated in the document.