840 S SHORE DR, Miami Beach, FL 33141

Parcel: 0232030070580 · Residential - Single Family · 1 Unit · Zoning: 0800

Assessed Value (2025)
$1,574,850

Property Details

Beds
2
Baths
1.5
Living Sqft
2,249
Year Built
1950
Lot Sqft
9,350
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$170,000
1996-12-01
2
$190,000+12%
1997-07-01
3
$1,725,000+808%
2022-03-01
DEBORA K BASHAMKRISTJAN OLAFSSON

Tax Assessment History

$1,574,850
Assessed (2025)
$2,154,366
Market Value
$1,524,128
Taxable Value
$31,030
Annual Tax
2024
$1,532,562
$1,777,450
2025
$1,574,850
$2,154,366
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,574,850 $2,154,366 $1,524,128 $31,030
2024 $1,532,562 $1,777,450 $1,482,562 $30,184

About 840 S SHORE DR, Miami Beach, FL 33141

840 S SHORE DR, Miami Beach, FL 33141 is a 2-bedroom, 1.5-bathroom residential - single family : 1 unit built in 1950 with 2,249 square feet of living space on a 9,350 square foot lot. The property is currently owned by KRISTJAN OLAFSSON HILDA OLAFSSON, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-03-01 for $1,725,000, when DEBORA K BASHAM sold to KRISTJAN OLAFSSON. The property has appreciated $1,535,000 (808%) since the prior sale of $190,000 on 1997-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,574,850 with a market value of $2,154,366. This breaks down to $1,870,000 for the land and $284,366 for the building. The assessed value increased 3% from $1,532,562 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $68,154, and the median home value is $632,900. The population density is 9,512 people per square mile.

There are active mortgage liens totaling $1,313,478 recorded against this property. 840 S SHORE DR, Miami Beach, FL 33141 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1996 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 91% of the most recent sale price. Based on the most recent sale, this property traded at $767 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

KRISTJAN OLAFSSON HILDA OLAFSSON
840 S SHORE DR, MIAMI BEACH, FL, 33141
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$19,298 — $35,446
Flood $400 — $800
Property/Wind $18,898 — $34,646

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$68,154
Median Home Value$632,900
Pop. Density9,512/sq mi

Neighborhood 33141

26.1%
Owner-Occ
73.9%
Investor
443
Flips (4yr)
7,449
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$1,380,000
~$1,313,478 bal.
HOMETOWN EQUITY MORTGAGE LLC · 2022-03-10
Est. Total Balance $1,313,478
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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