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, to December 31, 2032. The estimated annual countywide tax exemption is $9,872.00. The property is a historic residential structure originally constructed in 1947, designated as a contributing property in the Santa Maria Street Historic District by the City of Coral Gables in 2007. Restoration work included exterior restoration, removal of non-original additions, impact-resistant windows and doors, stucco repair, wood shutters, mechanical/electrical/plumbing upgrades, new additions, and site/landscape improvements. The owner spent approximately $6,100,000.00 on the renovation, and the Property Appraiser determined the taxable value of qualifying improvements as $2,158,287.00. The Miami-Dade County Historic Preservation Board recommended the exemption via Resolution No. 2025-08. The item was introduced on May 14, 2026, and forwarded to the Board 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.