IOS ON THE BAY CONDO

720 NE 62nd St # 501, Miami FL 33138

1 beds · 1 baths · 673 ft²

For Sale · Active Listing

$3,400

Est. Payment $18/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

673

Sq. Ft.

2008

Year Built

1

Garage

5

Stories

1

Days on Market

Description

Discover Miami's best-kept secret: a private rooftop terrace in the heart of the MiMo District. This stunning 5th-floor residence at IOS on the Bay puts you above it all with an outdoor lifestyle that is simply unmatched — a 700SqFt private rooftop terrace for BBQ, gardening, jacuzzi or those golden-hour moments, plus a sprawling 240 sq ft wraparound balcony that brings the Miami breeze right to your living space. Together, they create an extraordinary outdoor sanctuary perfect for sunset cocktails, morning coffee, alfresco dining, or simply soaking in everything Miami was made for. Inside, 673 sq ft of beautifully designed interior space has been thoughtfully appointed: wood kitchen cabinetry, stainless steel backsplash, granite countertops, and a spa-inspired bathroom with a glass-enclosed rain shower and river rock detail that turns your daily routine into a luxury experience. An in-unit washer/dryer and covered parking round out the conveniences. High-impact windows keep things quiet and cool year-round. IOS on the Bay is an intimate boutique building — just 45 residences set on 175 feet of direct Biscayne Bay frontage — with a stunning bayfront pool and fitness center. Nestled in Miami's iconic MiMo District on the Upper East Side, you're steps from the neighborhood's beloved cafés and restaurants, minutes from the Design District, Wynwood, Brickell, and a bay away from South Beach. Annual lease. Available July 1st.

Facts

MLS#
A12022305
Subdivision
IOS ON THE BAY CONDO
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
2008
Lot Size
0 sqft
Sq. Ft.
673 ft²
Sq. Mt.
63 m²
Price per sq. ft.
$5/ft²
Price per sq. mt.
$54/m²
Stories
5
Garage
1 spaces
Pool
Days on Market
1 day
Listed
May 20, 2026
Last Updated
May 21, 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

83

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).

5/20/2026Listed for sale$3,400

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 # 501, 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.

$11,333

gross income / month to qualify

Monthly rent$3,400
Required annual income$136,000
Security deposit (est.)$3,400
Move-in cost (1st + last + security)$10,200

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.

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