$599,000
720 NE 62nd Street 402
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $599,000
- Price per sq ft
- $669
- Original price
- $685,000
- Days on market
- 341
This 2-bedroom condo in Ios On The Bay Condo is listed at $599,000, or $669 per square foot. The asking price has come down 12.6% from its original $685,000. It has been on the market for 341 days.
Estimated monthly payment
$3,148 /mo
Principal and interest only, based on $119,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,158/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $599,000
- Days on Site
- 341 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 896 sqft
- Total Sq Ft
- 896 sqft
- Year Built
- 2008
- Property Type
- Condo
- MLS #
- A11882560
- Property Tax
- $7,705 (2024)
- HOA Fees
- $1,158 / Monthly
- Subdivision
- IOS ON THE BAY CONDO
- County
- Miami Dade
- Status
- Active
About This Property
Live at IOS on the Bay, an exquisite modern bayfront boutique apartment building. You will think you are on a getaway at a chic resort when you enter this 2 bedroom/ 2 bathroom apartment, fully furnished, Partially furnish or unfurnished options available in a simple modern style. Huge balcony with dinning table, bar and modular sectional to enjoy the bay views and relax. Open kitchen with stainless steel appliances with brand new refrigerator. Washer and dryer in unit. Gorgeous pool overlooking the bay, gym and two parking spaces with lift system. All on a quiet street in the hip MiMo district, just one block to restaurants, shops and just minutes away from Design District. Priced to Sell.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2008
- Property Condition
- Resale
- Number of Stories
- 5
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Garage
- Living Sq Ft
- 896
- Total Sq Ft
- 896
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile
- Interior Features
- None
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Architectural Style
- Other
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / None
- View
- Bay / Water
Community & HOA
- HOA Fee
- $1,158 / Monthly
- HOA Includes
- Hot Water / Insurance / Pools / Security / Water
- Association Amenities
- Elevators / Fitness Center / Parking / Storage
- Security
- Phone Entry / Smoke Detectors / Security Fence
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / FHA
- 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 402, Miami, FL 33138?
- Use the Tour button on this listing to request a showing of 720 NE 62nd Street 402, 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 402, Miami, FL 33138 still available?
- 720 NE 62nd Street 402, Miami, FL 33138 is currently listed as Active, and has been on the market 341 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 402, Miami, FL 33138?
- With 20% down ($119,800) on the $599,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 720 NE 62nd Street 402, Miami, FL 33138 is about $3,148/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 402, 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 402, 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 402, Miami, FL 33138 have an HOA fee?
- Yes: 720 NE 62nd Street 402, Miami, FL 33138 carries an HOA fee of about $1,158 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 402, Miami, FL 33138?
- 720 NE 62nd Street 402, 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 402, Miami, FL 33138?
- Often, yes. The right offer on 720 NE 62nd Street 402, 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 Real Time Finders, LLC
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 June 23, 2026.
$599,000
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Listed by Leonor Garcia Del Valle, Real Time Finders, LLC
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Recent Sales
Recently sold homes in Ios On The Bay Condo
These are the last 6 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 $643 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$625,000
Sold · May 20, 2026
720 NE 62nd Street 311
2 bed · 2 bath · 972 sqft · $643/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.
