Friday, June 09, 2006


Sergio's Restaurant, a Miami, Florida, Cuban restaurant and Coral Way landmark for as long as anyone can remember, just got a shot in the arm almost as strong as its famous cafe con leche. Dwarfed by a neighboring highrise now under construction, Sergio's got a 26% reduction in its property taxes, based on an income and expense analysis and comparable sales approach prepared by its Florida property tax attorney Daniel A. Weiss.

The tax assessments for 2005 on the main lot and three outlots were reduced from $3,238,848 to $ $2,389,000, a reduction of $849,848.

Sergio's is looking forward to getting more than $20,000 in tax refunds based on the reductions.

Mr. Weiss was able to show that the one-story restaurant building had only a nominal value and no economic utility as an underimprovement in relation to the land, which the county Property Appraiser valued at $80 per square foot. Weiss proved to the satisfaction of presiding Appraiser Special Magistrate Charles Culpepper that the outlots on a side street were overassessed when placed on the tax roll at the same $80-per square foot rate.

Daniel A. Weiss is a former Attorney Special Master for the Miami-Dade County Value Adjustment Board. Mr. Weiss now represents commercial, institutional charitable, commercial, high-end residential, agricultural and municipal taxpayers at VAB proceedings throughout the State of Florida. Mr. Weiss handles both valuation and legal claims.

Mr. Weiss has over 25 years property tax experience. Mr. Weiss represented the Miami-Dade County taxing authorities in litigation and appeals between 1981 and 1995 as a Miami-Dade Assistant County Attorney and has since represented taxpayers in property tax matters.

In Florida Trend magazine’s “Legal Elite” issue, July 2004, Mr. Weiss was selected by his peers as one of the top 30 government lawyers in the State of Florida.

For more information click here