720 NE 62nd St # 404, Miami FL 33138

Condo/Co-op Active With Contract

$650,000

BTC: 7.98918387

ETH: 267.26973684

-$85K (2026/08/18)

179 days

Waterfront

Active With Contract

Condo/Co-op

2 bds •

2 ba •

1,172 sqft

Overview

IOS on the Bay is a beautifully designed 5-story, 43-unit boutique condominium built in 2008. Situated on the 4th floor, this spacious and thoughtfully laid-out residence offers over 1500sf of indoor and outdoor living with lush treetop and bay views from every room. A standout feature is the expansive, deep balcony that spans the entire length of the unit. Covered by the building’s architectural overhang, it creates a true indoor-outdoor living experience, ideal for relaxing or entertaining year-round. Interior highlights include large-format tile flooring, high ceilings, floor-to-ceiling pocket doors, walk-in closets, and a large primary bathroom with a glass rain shower. The unit also includes a private storage locker and two parking spaces. The building features a bay front pool overlooking Biscayne Bay, a well-appointed resident gym, and on-site property management. Located east of Biscayne Blvd and directly on Biscayne Bay, IOS is nestled in Miami’s historic MiMo District, with direct access to the Morningside neighborhood and Morningside Park. Enjoy being just steps from a variety of restaurants, shops, the Farmers Market, and entertainment options.

Location

Florida • Miami • 33138 • Condo/Co-op • Active With Contract • Waterfront

Details

Type:

Residential

Parking:

2 Or More Spaces

Year Built:

2008

Lot:

No Data

Heating:

Central

Price/sqft:

$555

Cooling:

Central Air

HOA:

$1,589

Type:

Residential

Parking:

2 Or More Spaces

Year Built:

2008

Lot:

No Data

Heating:

Central

Price/sqft:

$555

Cooling:

Central Air

HOA:

$1,589

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$654,950

$502K – $894K

Confidence Low

List vs. estimate

At estimate

List $650,000 · -0.8%

List is in line with recent comparable activity.

Price per sq ft

$554

-2.8% vs. city median $570

Based on

56 MLS comparables

+ 30 public-records sales within 0.5 mi

Median actual sale: $847K

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax

$11,373

2025

HOA

$1,589/mo

View

Bay, Skyline

Waterfront

Yes

Garage

2 car garage

Pets

Restrictions Or Possible Restrictions

All facts and features

Flooring

• Tile

Heating

• Central

Cooling

• Central Air

Appliances

• Dishwasher

• Disposal

• Dryer

• Electric Range

• Wall Oven

• Washer

Other interior features

• Cooking Island

• Split Bedroom

Bedrooms and bathrooms

• Bedrooms: 2

• Full bathrooms: 2
Parking

• 2 Or More Spaces

Property

• Exterior Features: East Of Us1 / Open Balcony

Other Property Information

• Parcel Number: 01-32-18-086-0170
Type and style

• Property Type: Residential

• Property Sub Type: Condominium
Other financial information

• HOA: $1,589

• HOA Frequency: Monthly

• Annual tax amount: $11,373
Source details

• MLS ID: A11999324

Other facts

• Construction Materials: Slab Construction

• Patio And Porch Features: Open Balcony

• Waterfront: Yes

• Garage Spaces: 2

• Garage: Yes

• Living Area: 1172

• Subdivision Name: IOS ON THE BAY CONDO

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Direct Real Estate

720 NE 62nd St # 404, Miami FL 33138

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

HOA and Financial Details

Other

More like this

Market around this address