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720 NE 62nd St # 412, Miami FL 33138

Condo/Co-op For Rent
$5,950

BTC: 0.07156603

ETH: 2.24528302

/mo
New
Waterfront
2 bds
2 ba
1,284 sqft

Overview

Situated between Morningside, Belle Meade, and Miami Shores, IOS on the Bay is a rare newer condominium offering boutique waterfront living in a five-story, 43-unit building. The meticulously maintained property features lush tropical landscaping and a bayfront pool with sweeping water views across Biscayne Bay toward Miami Beach. Residents also enjoy walkable access to Morningside Park and the restaurants, shops, and other establishments of the MiMo Historic District. This corner residence offers a split two-bedroom, two-bath layout with two generously sized balconies, an open kitchen with stainless steel appliances, a full-size washer and dryer, modern lighting, built-out closets, additional storage, and a custom wardrobe. The residence features an incredible amenity with private keyed elevator access directly to the unit with its own private foyer. This rental is available immediately, and pets are permitted with Association approval. The unit is offered unfurnished for a one-year lease, and includes two parking spaces.

Location

Florida • Miami • 33138 • Condo/Co-op • For Rent • Waterfront

Details

Type:
Residential Lease
Parking:
2 Spaces
Year Built:
2008
Lot:
No Data
Heating:
Central
Price/sqft:
$5
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,500
$3K – $6K
Confidence Low
List vs. estimate
$1K above estimate
List $5,950 · +32.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$4
-99.2% vs. city median $563
Based on
52 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

Pool
Community
Waterfront
Yes
Garage
2 car garage
All facts and features

  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Microwave

    • Refrigerator

    • Wall Oven

    • Washer

    Other interior features

    • Closet Cabinetry

    • Fire Sprinklers

    • Entrance Foyer

    • Split Bedroom

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 2 Spaces

    Other Property Information

    • Parcel Number: 01-32-18-086-0410

    • Zoning: 4600

  • Type and style

    • Property Type: Residential Lease

    • Property Sub Type: Condominium

  • Source details

    • MLS ID: A12095173

    Other facts

    • Pool Features: Community

    • Window Features: Clear Impact Glass

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 1284

    • Water Source: Municipal Water

    • 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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Market around this address

Live counts in the same area.
View all
This zip
33138
294
median $882K
Active
Same city
Miami
13,052
median $639K
Active
Same type
Condo/Co-op
6,876
median $495K
Active
Similar price
$4K – $7K
11
median $4K
Active

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