HISTORIC PRESERVATION TAX EXEMPTION - 4125 SANTA MARIA

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

The 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 exemption of $9,872.00. The applicant and owner is 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 is also an individually designated historic landmark. Restoration work included exterior restoration, removal of non-original additions, installation of impact-resistant windows and doors, stucco repair, wood shutters, mechanical/electrical/plumbing upgrades, 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 $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, after the Recreation, Tourism, and Resiliency Committee forwarded it with a favorable recommendation on June 9, 2026. The exemption applies only to countywide operating ad valorem property taxes. The County Mayor or designee is directed to execute and record a covenant. Public comment sentiment is not stated.