IOS ON THE BAY CONDO

720 NE 62nd St # 306, Miami FL 33138

2 beds · 2.5 baths · 1,230 ft²

Closed

$975,000

2.40%

Est. Payment $5,189/mo

MLS Sheet Video

Bedrooms

2.5

Bathrooms

1,230

Sq. Ft.

2008

Year Built

Garage

Stories

Days on Market

Description

Nothing compares to this stunning bayfront corner residence at IOS on the Bay, offering 1,800 sq. ft. of combined indoor and outdoor living. Located in Miami’s historic MiMo District within the Upper East Side, this rare home is one of only five direct bayfront 2-bedroom, 2.5-bath units in the building. The spacious corner layout features wood floors, an oversized primary suite, and a spa-style bath with a steam shower. IOS on the Bay is an exclusive 43-residence boutique condominium with on-site management, a bayfront pool, fitness center, and direct water access—ideally positioned between Morningside Park, Belle Meade, and just minutes from Miami Shores.

Facts

MLS#: A11875889
Subdivision: IOS ON THE BAY CONDO
Property Type: Residential
Property Sub Type: Condominium
Year Built: 2008
Lot Size: 0 sqft
Sq. Ft.: 1,230 ft²
Sq. Mt.: 114 m²
Price per sq. ft.: $793/ft²
Price per sq. mt.: $8,553/m²
Stories: 5
Garage: 2 spaces
Pool: —
Days on Market: 89 days
Listed: Sep 10, 2025
Last Updated: Jan 30, 2026
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

May 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).

1/30/2026	Sold	$975,000
10/14/2025	Price change	$975,000-2.4%
9/10/2025	Listed for sale	$999,000

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 # 306, Miami FL 33138Directions

GreatSchools Summary Ratings

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

Brickell International Academy
PK,KG · private · 0.1 mi
Worlded International School
6,7,8,9,10,11,12 · private · 0.1 mi
Tiniciti Preschool
PK,KG · private · 0.2 mi
Southside Elementary School
PK,KG,1,2,3,4,5,6,7,8 · public · 0.2 mi
Kingsbury Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
Key Point Academy
PK,KG,1,2,3,4,5,6,7,8 · private · 0.3 mi
Key Point Academy
PK,TK,KG,1,2,3,4,5,6,7,8 · private · 0.3 mi
Kla Elementary
KG,1,2,3,4,5 · private · 0.4 mi
Mater Virtual Academy Charter Middle/High School
KG,1,2,3,4,5,6,7,8,9,10,11,12 · charter · 0.5 mi
International Studies Virtual
6,7,8,9,10,11,12 · charter · 0.5 mi

Estimated Monthly Payment

$6,152/mo

Principal & Interest

$5,189

Property Tax

$813

Insurance

$150

HOA

Down Payment20% ($195,000)

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) 833-0020 info@rangelyadames.com

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