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$975,000 Sale Pending
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Property Description
Nothing compares to this stunning bayfront corner residence at IOS on the Bay, offering 1,800 sq. ft. of combined indoor and outdoor living. Located in Miami's historic MiMo District within the Upper East Side, this rare home is one of only five direct bayfront 2-bedroom, 2.5-bath units in the building. The spacious corner layout features wood floors, an oversized primary suite, and a spa-style bath with a steam shower. IOS on the Bay is an exclusive 43-residence boutique condominium with on-site management, a bayfront pool, fitness center, and direct water access-ideally positioned between Morningside Park, Belle Meade, and just minutes from Miami Shores.
Full Property Details
Full Property Details for 720 NE 62nd St #306
General
- Price: $975,000
- HOA FEE: $1,724/month
- Taxes: $14,571 (2024)
- Status: Pending
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11875889
- Updated: 12/18/2025
- Added to Site: 129 day(s) ago
Interior
- Interior Features: Split Bedroom, Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level
Additional Information
- Shared Amenities: Bike Storage, Community Room, Exercise Room, Pool
- Maint. Includes: Common Area, Insurance, Manager, Reserve Fund, Sewer, Trash Removal, Water
- Security/Safety: Elevator Secure, Card Entry, Secured Garage/Parking, Intercom In Lobby, Lobby Secured
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Deck, Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: 2 Or More Spaces
Location
- Area: Ios On The Bay Condo
- County: Miami-Dade County
- Subdivision: IOS ON THE BAY CONDO
- Building Name: IOS ON THE BAY CONDO
School Information
- Middle School: Horace Mann
- High School: Miami Edison
Community
- Community Name: Ios On The Bay Condo
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Doors: High Impact Doors
- Entry Floor Number: 3
- Building Size: 1230
- Square Feet: 1,230
- Living Area: 1,230 Sq. Ft.
- Year Built: 2008
Lot Features
- Property View: Bay, Ocean View, Direct Ocean, Pool Area View
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $792.68
- Association Fee: $1,724
- Assoc Fee Freq.: Monthly
- Tax Amount: $14,571
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: IOS ON THE BAY CONDO UNIT 306 UNDIV 2.69% INT IN COMMON ELEMENTS OFF REC 26350-1741
- Restrictions: No Daily Rentals
- Inclusions: None
- Property ID: 01-32-18-086-0230
Listed by Direct Real Estate
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Schools
Schools serving 720 NE 62nd St #306
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Morningside K-8 Academy 6620 Northeast 5th Avenue, Miami, FL 33138 | PK-5 | 0.5 mi |
Horace Mann Middle School 8950 Nw 2nd Ave, El Portal, FL 33150 | 6-8 | 2.1 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 720 NE 62nd St #306
Date
Details
Price
Change
Source
10/14/2025
Price Reduced
$975,000
-2.4%
MLS
9/10/2025
Listed
$999,000
8%
MLS
12/06/2023
Sold
$925,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 720 NE 62nd St #306
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,571
67%
$769,088
65%
2023
$8,722
3%
$466,144
6%
2021
$8,448
—
$439,386
-3%
2022
$8,464
—
$452,567
4%
2021
$8,448
-8%
$433,320
-8%
2019
$9,166
2%
$471,000
—
2018
$8,986
-8%
$471,000
-6%
2017
$9,734
-8%
$501,250
7%
2016
$10,586
—
$468,979
10%
2015
$10,605
17%
$426,345
10%
2014
$9,091
9%
$387,587
10%
2013
$8,341
—
$352,352
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 720 NE 62nd St #306
720 NE 62nd St #306, Miami, FL 33138 (MLS# A11875889) is a Condo property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 720 NE 62nd St #306 is currently listed for $975,000 and was received on September 10, 2025. Want to learn more about 720 NE 62nd St #306? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

