4840 SW 86 TER, South Miami, FL 33143
Parcel: 3041310150080 · Residential - Single Family · 1 Unit · Zoning: 2300
Assessed Value (2025)
$2,112,895
Property Details
Beds
5
Baths
4
Living Sqft
6,996
Year Built
1958
Lot Sqft
37,897
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$1,260,000
1999-06-01
2
$1,612,000+28%
2002-03-01
3
$10non-market transfer
2008-10-23
MARK H KRAVETZ & JENNIFER L PRESS → MARK H KRAVETZ
Tax Assessment History
$2,112,895
Assessed (2025)
$4,932,975
Market Value
$2,062,173
Taxable Value
$41,984
Annual Tax
2024
$2,053,348
$4,946,200
2025
$2,112,895
$4,932,975
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $2,112,895 | $4,932,975 | $2,062,173 | $41,984 | $3,694,958 | $1,238,017 |
| 2024 | $2,053,348 | $4,946,200 | $2,003,348 | $40,787 | $3,694,958 | $1,251,242 |
About 4840 SW 86 TER, South Miami, FL 33143
4840 SW 86 TER, South Miami, FL 33143 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1958 with 6,996 square feet of living space on a 37,897 square foot lot. The property is currently owned by MARK H KRAVETZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2008-10-23 for $10, when MARK H KRAVETZ & JENNIFER L PRESS sold to MARK H KRAVETZ. The property sold for $1,611,990 less than the prior sale of $1,612,000 on 2002-03-01. There are 3 recorded sales for this property.
The 2025 assessed value is $2,112,895 with a market value of $4,932,975. This breaks down to $3,694,958 for the land and $1,238,017 for the building. The assessed value increased 3% from $2,053,348 in 2024.
The property has the following tax exemptions: homestead. The median household income in this area is $163,750, and the median home value is $1,138,600. The population density is 2,919 people per square mile.
There are active mortgage liens totaling $1,986,422 recorded against this property. 4840 SW 86 TER, South Miami, FL 33143 is located in South Miami, Florida. Property records, tax assessments, sales history, and ownership information for this South Miami property are sourced from miami_dade County public records.
The complete ownership history of this property spans from 1999 to 2008, with 3 recorded transactions in the public record..
Building Permits (3)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| S1995053381 | mechanical | expired | — | ||
| N1994222954 | electrical | expired | — | ||
| S1994148362 | mechanical | expired | $8,388 |
Current Owner
MARK H KRAVETZ
4840 SW 86 TERR, MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$25,754 — $47,283
Flood $400 — $800
Property/Wind $25,354 — $46,483
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$163,750
Median Home Value$1,138,600
Pop. Density2,919/sq mi
Neighborhood 33143
46.7%
Owner-Occ
53.3%
Investor
206
Flips (4yr)
5,250
New Biz (3yr)
Distress Risk
MODERATE
39
Mortgages
ACTIVE
$2,115,500
FEMBI MORTGAGE · 2021-04-13
Est. Total Balance $1,986,422
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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