Daniel A. Weiss, Attorney at Law

Celebrity Property Tax Assessment: Ron Seikaly

Looking for a house with high ceilings? I’ll bet this one has ‘em. Why would I bet? Its recent purchaser is Ron Seikaly. Ron is 6 feet 11 inches tall and was the first-ever draft pick of the NBA Miami Heat.

Ron was a great center for the Heat and still loves Miami. I saw him at a party recently in Miami Beach. After his tenure with the Heat, Ron played for a couple of other NBA teams and even did a stint in Spain’s professional basketball league.

Nowadays, Ron’s into professional volleyball. He’s still a world-class athlete.

In 2002, Ron bought a waterfront lot on North Bay Road in Miami Beach, nearly 27,000 square feet, well over half an acre. He built his dream home there, over 9,000 square feet of high-ceilinged luxury, completing construction and moving in in 2005.

Here’re the specs for those who need more detail:

Summary Details: Folio No.: 02-3227-008-1370
Property: 2060 N BAY RD
Mailing Address: RONALD SEIKALY
2060 N BAY RD MIAMI BEACH FL
33140-4537

Property Information: Primary Zone: 2100 SINGLE FAMILY RESIDENCE
CLUC: 0001 RESIDENTIAL- SINGLE FAMILY
Beds/Baths: 9/10
Floors: 2
Living Units: 1
Adj Sq Footage: 9,363
Lot Size: 26,561 SQ FT
Year Built: 2005

Sale Information: Sale O/R: 20347-2241
Sale Date: 4/2002
Sale Amount: $2,150,000

Assessment Information: Year: 2007
Land Value: $3,919,264
Building Value: $3,819,208
Market Value: $7,738,472
Assessed Value: $6,793,700
Homestead Exemption: $25,000
Total Exemptions: $25,000
Taxable Value: $6,768,700
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Mr. Weiss has represented taxpayers in thousands of administrative tax appeal hearings and has more than 70 published opinions to his credit, including 55 property tax opinions, is co-author of Chapter 64 of the Florida Tax Service
2d, “Agriculture and Other Classified Properties” with Matthew Bender, and a lecturer on property taxation for the National Business Institute.

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