Condominium
720 NE 62nd St # 404
720 NE 62nd St # 404, Miami FL 33138 Get directions
$650,000
2 Beds · 2 Baths · 1,172 SqFt
See estimated monthly costThis listing is courtesy of Direct Real Estate. Michael Carioti
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.
Facts & features
Interior
- Living area (sq ft)
- 1,172
- Full bathrooms
- 2
- Cooking Island
- Split Bedroom
Building & exterior
- Year built
- 2008
- Garage spaces
- 2
- Covered spaces
- 2
- Waterfront
- Yes
- Bay
- Skyline
- East Of Us1
- Open Balcony
- 2 Or More Spaces
HOA (homeowners association)
- Association fee
- $1,589 per month
- Pets allowed
- Yes
- Community Room
- Exercise Room
- Pool
- No Daily Rentals
- Restrictions Or Possible Restrictions
Taxes
- Annual tax
- $11,373
- Tax year
- 2025
- Parcel number
- 01-32-18-086-0170
Assigned schools
- Middle
- Horace Mann
- High
- Miami Edison
Listing
- MLS number
- A11999324
- Property type
- Condominium
- Price per SqFt
- $555
- Subdivision
- IOS ON THE BAY CONDO
- On market since
- Apr 12, 2026
- Days on market
- 166
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Apr 12, 2026 | Listed | $735,000 | — |
| Aug 18, 2026 | Price change | $650,000 | −$25,000 (−3.7%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$6,311 per month
- Principal & interest (30 yr)
- $3,287
- Property tax
- $948
- Insurance (estimated)
- $488
- Association fee
- $1,589
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- The Cushman School
- Morningside K-8 Center
- Toussaint L''ouverture Elementary
- Morningside Montessori School
- Tangerine Learning Center
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