$625,000
Sold · May 20, 2026
720 NE 62nd Street 311
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $625,000
- Vs. list price
- 7.4% under
- Days on market
- 152
- Price per sq ft
- $643
This 2-bedroom condo in Ios On The Bay Condo sold for $625,000 on May 20, 2026. That was 7.4% below its final list price of $675,000. It spent 152 days on the market. At $643 per square foot, it closed 9.9% above the $585 median of the 5 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $625,000
- Sold On
- May 20, 2026
- Days on Site
- 152 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 972 sqft
- Total Sq Ft
- 972 sqft
- Year Built
- 2008
- Property Type
- Condo
- MLS #
- A11910927
- Property Tax
- $7,643 (2024)
- HOA Fees
- $1,310 / Monthly
- Subdivision
- IOS ON THE BAY CONDO
- County
- Miami Dade
- Status
- Sold
About This Property
Step into this tropical and tranquil corner residence at IOS on the Bay. Perfectly located on Miami’s Upper East Side and Historic MIMO District—just steps from Morningside and Legion Park—this spacious split two-bedroom layout offers both privacy and functionality within a boutique waterfront community. Features include tile flooring throughout, generous storage, several upgraded appliances, including the washer and dryer, and a new AC in 2023. The split-bedroom design provides an ideal setup for a home office or guest suite. Additional highlights include two assigned parking spaces and a private storage locker. IOS on the Bay is a distinctive property in Miami, set within a primarily single-family residential neighborhood that offers a peaceful, community-oriented setting.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 2008
- Property Condition
- Resale
- Number of Stories
- 5
- Garage Spaces
- 2
- Living Sq Ft
- 972
- Total Sq Ft
- 972
Interior Features
- Appliances
- Dryer / Dishwasher / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Closet Cabinetry / Kitchen Island / None / Split Bedrooms / Walk In Closets
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / Other
- View
- Garden
Community & HOA
- HOA Fee
- $1,310 / Monthly
- HOA Includes
- Common Areas / Insurance / Maintenance Grounds / Maintenance Structure / Pools / Reserve Fund / Sewer / Trash / Water
- Association Amenities
- Clubhouse / Fitness Center / Management / Pool / Parking
- Security
- Elevator Secured / Fire Alarm / Key Card Entry
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 2320
Schools
- Elementary School
- Morningside K-8 Academy (Miami-Dade)
- Middle School
- Horace Mann
- High School
- Miami Edison
About the Community
Ios On The Bay Condo is a waterfront community in Miami, Miami-Dade County, Florida. Active listings are priced from $620,000 to $795,000. Homes were built starting 2008. Pure Equity lists homes in Ios On The Bay and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 2
- Median List Price
- $647,000
- Median $/Sq Ft
- $691
- Avg Days on Market
- 299
Frequently Asked Questions
- How do I schedule a tour of 720 NE 62nd Street 311, Miami, FL 33138?
- Use the Tour button on this listing to request a showing of 720 NE 62nd Street 311, Miami, FL 33138. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 720 NE 62nd Street 311, Miami, FL 33138 still available?
- 720 NE 62nd Street 311, Miami, FL 33138 is currently listed as Sold, and has been on the market 152 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 720 NE 62nd Street 311, Miami, FL 33138?
- With 20% down ($135,000) on the $675,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 720 NE 62nd Street 311, Miami, FL 33138 is about $3,547/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 720 NE 62nd Street 311, Miami, FL 33138?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 720 NE 62nd Street 311, Miami, FL 33138. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 720 NE 62nd Street 311, Miami, FL 33138 have an HOA fee?
- Yes: 720 NE 62nd Street 311, Miami, FL 33138 carries an HOA fee of about $1,310 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 720 NE 62nd Street 311, Miami, FL 33138?
- 720 NE 62nd Street 311, Miami, FL 33138 is zoned for Morningside K-8 Academy (Miami-Dade) (elementary), Horace Mann (middle), Miami Edison (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 720 NE 62nd Street 311, Miami, FL 33138?
- Often, yes. The right offer on 720 NE 62nd Street 311, Miami, FL 33138 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Direct Real Estate
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$625,000
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Listed by Michael Carioti, Direct Real Estate
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Recent Sales
Recently sold homes in Ios On The Bay Condo
These are the last 5 recorded closings in Ios On The Bay Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $585 per square foot. The most recent closed on June 16, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$619,000
Sold · June 16, 2026
720 NE 62nd Street 403
2 bed · 2 bath · 1,177 sqft · $526/sqft
$50,000 under the asking price
Sold$610,000
Sold · March 4, 2026
720 NE 62nd Street 103
2 bed · 2 bath · 1,098 sqft · $556/sqft
$80,000 under the asking price
Sold$1,300,000
Sold · February 16, 2026
720 NE 62nd Street 313
3 bed · 2.5 bath · 1,691 sqft · $769/sqft
Sold$925,000
Sold · January 30, 2026
720 NE 62nd Street 306
2 bed · 2.5 bath · 1,230 sqft · $752/sqft
$50,000 under the asking price
Sold$385,000
Sold · August 12, 2025
720 NE 62nd Street 301
1 bed · 1 bath · 658 sqft · $585/sqft
$35,000 under the asking price
See every recorded sale in Ios On The Bay Condo or find out what your Ios On The Bay Condo home is worth.
