IOS ON THE BAY CONDO

720 NE 62nd St # 512, Miami FL 33138

3 beds · 3.5 baths · 3,143 ft²

Closed

$2,500,000

23.08%

Est. Payment $13,306/mo

MLS Sheet Video

Bedrooms

3.5

Bathrooms

3,143

Sq. Ft.

2008

Year Built

Garage

Stories

125

Days on Market

Description

A Miami dream come true. High end fully furnished Miami Penthouse directly on the bay with a Huge Rooftop with PRIVATE pool, full outdoor kitchen and Bar, private steam and dry Sauna. This 3 beds 3.5 bath boasts a massive Master bedroom with walk in closet. Custom made huge triple king size bed! Elegantly finished unit with automated shades, private elevator, top of the line open plan gourmet kitchen Marble chefs Mia Cucina kitchen, dishwasher, wine cooler, double Sub Zero, 4 private balconies, 4 covered parking Including one with elevator for 2 cars. Private separate storage facility. Clean modernist lines outline a backdrop of water and sky. Property sits on 175 feet of Biscayne Bay, facing Miami Beach & downtown Miami. Seller is motivated to sell.

Facts

MLS#: A11553710
Subdivision: IOS ON THE BAY CONDO
Property Type: Residential
Property Sub Type: Condominium
Year Built: 2008
Lot Size: 0 sqft
Sq. Ft.: 3,143 ft²
Sq. Mt.: 292 m²
Price per sq. ft.: $795/ft²
Price per sq. mt.: $8,562/m²
Stories: 5
Garage: 4 spaces
Pool: Private
Days on Market: 125 days
Listed: Mar 21, 2024
Last Updated: Oct 2, 2024
Price/Lot Sq.Ft.: —

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

10/2/2024	Sold	$2,500,000
6/14/2024	Price change	$2,500,000-23.1%
3/21/2024	Listed for sale	$3,250,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

720 NE 62nd St # 512, Miami FL 33138Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Hosanna Christian Academy
KG,1,2,3,4,6,8,9,10,11 · private · 0.4 mi
Zion Lutheran Christian
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi
Hope Lutheran School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.9 mi
Trinity Christian School
KG,1,2,3,4,5 · private · 1.0 mi
Park Ridge Elementary School
PK,KG,1,2,3,4,5 · public · 1.1 mi
Norcrest Elementary School
PK,KG,1,2,3,4,5 · public · 1.1 mi
Deerfield Beach Middle School
6,7,8 · public · 1.1 mi
Deerfield Park Elementary School
PK,KG,1,2,3,4,5 · public · 1.3 mi
Ymca Deerfield Pk Aft/Sch Pgrm
PK,KG · private · 1.3 mi
Saint Ambrose
PK,KG,1,2,3,4,5,6,7,8 · private · 1.3 mi

Estimated Monthly Payment

$15,539/mo

Principal & Interest

$13,306

Property Tax

$2,083

Insurance

$150

HOA

Down Payment20% ($500,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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