IOS ON THE BAY CONDO

720 NE 62nd St # 307, Miami FL 33138

2 beds · 2 baths · 973 ft²

For Sale · Active Listing

$7,000

10.26%

Est. Payment $37/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

973

Sq. Ft.

2008

Year Built

2

Garage

5

Stories

2

Days on Market

Description

Nestled in the tranquil enclave of Biscayne Bay, this beautifully renovated 2-bed, 2-bath condominium in the exclusive IOS On The Bay boutique building offers modern elegance and comfort. Fully remodeled with high-end finishes, the open layout features stainless steel appliances, quartz countertops, and a floor-to-ceiling glass steam shower. A spacious 550 SF terrace connects directly to the bay-view pool, fitness center, and amenities. Enjoy breathtaking, unobstructed views of Biscayne Bay, all just minutes from the Design District, MIMO, and Wynwood.The building is financially strong, with well-funded reserves, ensuring long-term stability and peace of mind for residents.

Facts

MLS#
A11989569
Subdivision
IOS ON THE BAY CONDO
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
2008
Lot Size
0 sqft
Sq. Ft.
973 ft²
Sq. Mt.
90 m²
Price per sq. ft.
$7/ft²
Price per sq. mt.
$78/m²
Stories
5
Garage
2 spaces
Pool
Days on Market
2 days
Listed
Mar 25, 2026
Last Updated
Mar 27, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

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

45

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).

3/26/2026Price change$7,000-10.3%
3/25/2026Listed for sale$7,800

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 # 307, Miami FL 33138Directions

GreatSchools Summary Ratings

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

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$23,333

gross income / month to qualify

Monthly rent$7,000
Required annual income$280,000
Security deposit (est.)$7,000
Move-in cost (1st + last + security)$21,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

Similar listings nearby

More homes in Miami around $7,000.

Call NowWhatsApp