HISTORIC PRESERVATION TAX EXEMPTION - 4125 SANTA MARIA

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

The Miami-Dade County Board of County Commissioners adopted Resolution R-634-26, granting a 10-year historic preservation ad valorem tax exemption for the rehabilitation of the property at 4125 Santa Maria Street, Coral Gables, Florida. The exemption runs from January 1, 2023 through December 31, 2032, with an estimated annual countywide tax exemption of $9,872.00. The applicant and owner is the Claudio R. Alvarez Trust. The property was originally constructed in 1947, designated as a contributing property in the Santa Maria Street Historic District by the City of Coral Gables in 2007, and the total renovation cost was approximately $6,100,000.00, with the taxable value of qualifying improvements set at $2,158,287.00. The Miami-Dade County Historic Preservation Board recommended the exemption via Resolution No. 2025-08. The final action was adoption on July 21, 2026, following a favorable recommendation from the Recreation, Tourism, and Resiliency Committee on June 9, 2026. The resolution directs the County Mayor to execute and record a covenant and authorizes the County Mayor to exercise provisions contained therein. No public comment or stakeholder sentiment is stated in the document.