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720 NE 62nd St # 307, Miami FL 33138

Condo/Co-op For Sale
$695,000

BTC: 8.68750000

ETH: 278.00000000

-$170K (2026/05/29)
251 days
Waterfront
2 bds
2 ba
973 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces
Year Built:
2008
Lot:
No Data
Heating:
Central
Price/sqft:
$714
Cooling:
Central Air
HOA:
$1,243

Valuation

Our model vs. what's actually selling nearby.
Estimate
$442,000
$280K – $731K
Confidence Low
List vs. estimate
$253K above estimate
List $695,000 · +57.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$714
+26.5% vs. city median $564
Based on
1051 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $955K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,396
2023
HOA
$1,243/mo
View
Bay, Intracoastal View
Waterfront
Yes
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Ice Maker

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    Other interior features

    • Lobby

    • Built-in Features

    • Cooking Island

    • Pantry

    • Split Bedroom

    • Storage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    Property

    • Exterior Features: Barbeque / Open Balcony

    Other Property Information

    • Parcel Number: 01-32-18-086-0260

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,243

    • HOA Frequency: Monthly

    • Annual tax amount: $8,396

  • Source details

    • MLS ID: A11942717

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Laundry Features: Utility Room/Laundry

    • Patio And Porch Features: Deck / Open Balcony

    • Architectural Style: Garden Apartment / Patio/Cluster

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 973

    • Subdivision Name: IOS ON THE BAY CONDO

Private inquiry
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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: APEX Capital Realty LLC