Premier Brokers International
720 NE 62nd Street 404, Miami, FL 33138
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A11999324
$650,000

720 NE 62nd Street 404, Miami, FL 33138

Beds
2
Baths
2
Sqft
1,172
Est. payment$6,234/mo
Home type
Condominium
Year built
2008
Lot size
—
Price / sqft
$555
HOA
$1,589/mo
Community
IOS ON THE BAY CONDO

Property description

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.

Listing activity

Days on market
167
Listed
Apr 12, 2026
MLS listing updated
Sep 26, 2026
Feed last checked
11 minutes ago

Listed by Michael Carioti · Direct Real Estate

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
2
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2
Half bathrooms
0

Rooms & features

Rooms
0
Interior features
Bedroom Layout - Split, Kitchen Island
Flooring
Tile
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Oven, Washer

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
2
Garage
Yes
Covered spaces
2

Exterior

Stories
5
Building area
1,172 sqft
Exterior features
Balcony
View
Bay, Skyline
Waterfront
None, Bay
Waterfront property
Yes

Lot

Road frontage
East of US-1
Construction

Type & style

Home type
Condominium
Year built
2008
New construction
No

Materials

Foundation
Slab
Property condition
Resale
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
IOS ON THE BAY CONDO
MLS area
2320
Security
Closed Circuit Camera(s), Elevator Secure, Entry - Phone/Intercom, Fire Alarm, Key Card Entry, Secured Garage/Parking, Security System
Pets allowed
Pet Restrictions Possible, Yes
55+ community
No

Association

Has association
Yes
Association fee
$1,589 monthly
Estimated monthly dues
$1,589
Amenities
Pool, Community Room, Fitness Center, Management, Parking
Services included
Common Areas, Insurance, Reserve Funds, Security, Trash, Water
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33138
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A11999324
Possession
Close Of Escrow
Original list price
$735,000
Parcel number
0132180860170
Annual property tax
$11,373
Tax year
2025
Tax legal description
IOS ON THE BAY CONDO UNIT 404 UNDIV 2.48% INT IN COMMON ELEMENTS OFF REC 26350-1741
Additional MLS details

Reported by the listing source

Association Amenities
Pool, Community Room, Fitness Center, Management, Parking
Association Fee Frequency
Monthly
Association Fee Includes
Common Areas, Insurance, Reserve Funds, Security, Trash, Water
Association
Yes
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Building Area Total
1172
County Or Parish
Miami-Dade
Days On Market
167
Elementary School
Morningside K-8 Academy (Miami-Dade)
Foundation Details
Slab
High School
Miami Edison
List Price
650000
Listing Contract Date
2026-04-12
Living Area
1172
MLSArea Major
2320
Middle Or Junior School
Horace Mann
Mls Status
Active
On Market Date
2026-04-12
Photos Count
52
Postal Code
33138
Price Change Timestamp
2026-08-18T19:18:22Z
Property Sub Type
Condominium
Property Type
Residential
Road Frontage Type
East of US-1
Rooms Total
0
Security Features
Closed Circuit Camera(s), Elevator Secure, Entry - Phone/Intercom, Fire Alarm, Key Card Entry, Secured Garage/Parking, Security System
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-04-12T04:00:00Z
Stories Total
5
Subdivision Name
IOS ON THE BAY CONDO
Waterfront Features
None, Bay
Tax Annual Amount
11373
Bathrooms Full
2
Bedrooms Total
2
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
1589

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Apr 12, 2026ListedMIAMI REALTORS® MLS$735,000$627/sqft
Aug 18, 2026Price reducedMIAMI REALTORS® MLS$650,000$555/sqft

Public tax history

YearProperty taxesAssessment
2025$11,373—

Payment calculator

Estimated monthly payment$6,234/moIllustrative estimate, not a loan offer.
Principal & interest
$3,373
Property taxes
$948
Insurance
$325
Association dues
$1,589

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

IOS ON THE BAY CONDO

Miami · Miami-Dade County · 33138

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Morningside K-8 Academy (Miami-Dade)Elementary
—
Horace MannMiddle
—
Miami EdisonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Direct Real Estate. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.