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 (File Number 260876) on July 21, 2026, 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 is for the owner, Claudio R. Alvarez Trust, and runs from January 1, 2023 through December 31, 2032. The estimated annual countywide tax exemption is approximately $9,872.00. 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. The taxable value of the qualifying improvements was determined by the Property Appraiser to be $2,158,287.00. The Miami-Dade County Historic Preservation Board recommended the exemption via Resolution No. 2025-08. The item was forwarded to the Board of County Commissioners with a favorable recommendation by the Recreation, Tourism, and Resiliency Committee on June 9, 2026. No public comment or stakeholder sentiment is stated in the document.