IOS ON THE BAY CONDO

720 NE 62nd St # 402, Miami FL 33138

2 beds · 2 baths · 896 ft²

For Sale · Active Listing

$599,000

12.55%

Est. Payment $3,188/mo

MLS Sheet Video

Bedrooms

Bathrooms

896

Sq. Ft.

2008

Year Built

Garage

Stories

282

Days on Market

Description

Live at IOS on the Bay, an exquisite modern bayfront boutique apartment building. You will think you are on a getaway at a chic resort when you enter this 2 bedroom/ 2 bathroom apartment, fully furnished, Partially furnish or unfurnished options available in a simple modern style. Huge balcony with dinning table, bar and modular sectional to enjoy the bay views and relax. Open kitchen with stainless steel appliances with brand new refrigerator. Washer and dryer in unit. Gorgeous pool overlooking the bay, gym and two parking spaces with lift system. All on a quiet street in the hip MiMo district, just one block to restaurants, shops and just minutes away from Design District. Priced to Sell.

Facts

MLS#: A11882560
Subdivision: IOS ON THE BAY CONDO
Property Type: Residential
Property Sub Type: Condominium
Year Built: 2008
Lot Size: 0 sqft
Sq. Ft.: 896 ft²
Sq. Mt.: 83 m²
Price per sq. ft.: $669/ft²
Price per sq. mt.: $7,217/m²
Stories: 5
Garage: 2 spaces
Pool: —
Days on Market: 282 days
Listed: Sep 22, 2025
Last Updated: Jul 2, 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

July 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).

6/9/2026	Price change	$599,000-12.6%
9/22/2025	Listed for sale	$685,000

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 # 402, Miami FL 33138Directions

GreatSchools Summary Ratings

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

Gulfstream Elementary School
PK,KG,1,2,3,4,5 · public · 0.9 mi
Cutler Ridge Umc Kindergarten
PK,KG · private · 1.0 mi
Kid's Club Academy
PK,KG,1 · private · 1.1 mi
Dr. Edward L. Whigham Elementary School
PK,KG,1,2,3,4,5 · public · 1.1 mi
Mater Academy Bay Elementary
KG,1,2,3,4,5 · charter · 1.2 mi
Mater Academy Bay Middle School
6,7,8 · charter · 1.2 mi
Mater High South
9,10,11,12 · charter · 1.2 mi
Coral Reef Montessori Academy Charter
KG,1,2,3,4,5,6,7,8 · charter · 1.2 mi
Cutler Bay Senior High School
9,10,11,12 · public · 1.3 mi
Cutler Ridge Christian Academy
PK,KG,1,2,3,4,5,6,7,8 · private · 1.3 mi

Estimated Monthly Payment

$3,837/mo

Principal & Interest

$3,188

Property Tax

$499

Insurance

$150

HOA

Down Payment20% ($119,800)

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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Updated 3 hours ago