IOS ON THE BAY CONDO

720 NE 62nd Street # 406, Miami FL 33138

2 beds · 2.5 baths · 1,235 ft²

Closed

$5,400

1.89%

Est. Payment $29/mo

MLS Sheet Video

Bedrooms

2.5

Bathrooms

1,235

Sq. Ft.

2008

Year Built

Garage

Stories

Days on Market

Description

Welcome to Morning Side Miami and this secret oasis with expansive views of Biscayne Bay. 2 bed 2.5 bath, light and bright corner unit nestled in the boutique building IOS. Split and open floor plan with a 470+ sq ft wrap-around balcony overlooking the pool, and bay. Freshly painted and ready for move-in! Porcelain and wood floors, granite countertops, Miele, Jennair and Liebherr appliances. 2 parking spaces. Small fitness center. Large additional storage unit. Pet friendly. Secure and gated parking with excellent onsite management. 15 minutes away from the Miami airport, Wynwood, Midtown, Design District, Miami Beach, Downtown and Brickell area. This is truly a hidden gem you'll want to see!

Facts

MLS#: B26014682
Subdivision: IOS ON THE BAY CONDO
Property Type: Residential Lease
Property Sub Type: Condominium
Year Built: 2008
Lot Size: 0 acres
Sq. Ft.: 1,235 ft²
Sq. Mt.: 115 m²
Price per sq. ft.: $4/ft²
Price per sq. mt.: $47/m²
Stories: 5
Garage: 2 spaces
Pool: Private
Days on Market: 39 days
Listed: Apr 13, 2026
Last Updated: Jun 1, 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).

6/1/2026	Sold	$5,400
4/13/2026	Price change	$5,400+1.9%
4/13/2026	Listed for sale	$5,300

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 Street # 406, Miami FL 33138Directions

GreatSchools Summary Ratings

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

Kids Haven Academy Sunrise
PK,KG,1,2,3,4,5 · private · 0.7 mi
Horizon Elementary School
PK,KG,1,2,3,4,5 · public · 1.0 mi
Bair Middle School
6,7,8 · public · 1.0 mi
Piper High School
9,10,11,12 · public · 1.1 mi
Sunrise Academy
PK,KG · private · 1.3 mi
Welleby Elementary School
PK,KG,1,2,3,4,5 · public · 1.3 mi
The Blake School of Plantation
PK,KG,1,2,3,4,5,6,7,8 · private · 1.4 mi
Village Elementary School
PK,KG,1,2,3,4,5 · public · 1.5 mi
Banyan Elementary School
PK,KG,1,2,3,4,5 · public · 1.6 mi
Plantation High School
9,10,11,12 · public · 1.6 mi

Affordability

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

$18,000

gross income / month to qualify

Monthly rent$5,400

Required annual income$216,000

Security deposit (est.)$5,400

Move-in cost (1st + last + security)$16,200

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

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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