HISTORIC PRESERVATION TAX EXEMPTION - 4125 SANTA MARIA

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

Resolution adopted authorizing 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 to December 31, 2032, with an estimated annual exemption of $9,872.00. The owner is Claudio R. Alvarez Trust. The property was constructed in 1947, designated a contributing property in the Santa Maria Street Historic District in 2007, and renovation costs were approximately $6,100,000.00 with a taxable value of qualifying improvements of $2,158,287.00. The Miami-Dade County Historic Preservation Board recommended the exemption via Resolution No. 2025-08. The Board of County Commissioners adopted the resolution on July 21, 2026, following a favorable recommendation from the Recreation, Tourism, and Resiliency Committee on June 9, 2026. No public comment or stakeholder sentiment is stated in the document.