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 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 is a historic residential property 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, installation of impact-resistant windows and doors, stucco repair, installation of wood shutters, mechanical/electrical/plumbing upgrades, construction of new additions, and site and landscape improvements. The total renovation cost was approximately $6,100,000.00, and the taxable value of qualifying improvements was determined to be $2,158,287.00. The Miami-Dade County Historic Preservation Board recommended the exemption be granted. 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 item was introduced on May 14, 2026. The file number is 260876. The sponsor is Commissioner Raquel A. Regalado. The staff recommendation was to authorize the exemption. The document does not state any public comment or stakeholder sentiment.