720 NE 62nd St Unit 403 Miami, FL 33138
Upper East Side North NeighborhoodEstimated payment $6,001/month
Highlights
- Doorman
- Property Fronts a Bay or Harbor
- Intercom to Front Desk
- Morningside K-8 Academy Rated 9+
- Fitness Center
- Clubhouse
About This Home
Rare opportunity to own a waterfront condo at IOS on the Bay, a 43-unit boutique building in Miami’s Upper East Side, near Miami Shores and Morningside Park. Surrounded by multi-million dollar homes, this rare condo offers 2 beds, 2 baths, 1,177 sq ft, an open kitchen, spacious primary suite with double sinks and glass shower, and a balcony with bay views. Amenities include a bayfront pool, gym, private storage, and 2 covered parking spaces. Minutes from the Design District, Wynwood, Midtown, Miami Beach, and top-rated schools like The Cushman School. Enjoy secure, low-density living with strong building financials and well-funded reserves—ideal for homeowners or investors seeking long-term value in one of Miami’s most desirable, rapidly growing neighborhoods.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,262
Year Built
- Built in 2008
HOA Fees
- $1,598 Monthly HOA Fees
Parking
- 2 Car Garage
- Automatic Garage Door Opener
- Secured Garage or Parking
- Assigned Parking
Home Design
- Entry on the 4th floor
- Concrete Block And Stucco Construction
Interior Spaces
- 1,177 Sq Ft Home
- Bay Views
Kitchen
- Eat-In Kitchen
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- Shower Only
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Accessible Elevator Installed
- Balcony
- Property Fronts a Bay or Harbor
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 01-32-18-086-0130
Community Details
Overview
- 43 Units
- Ios On The Bay Condos
- Ios On The Bay Condo Subdivision
- 5-Story Property
Amenities
- Doorman
- Community Barbecue Grill
- Clubhouse
- Business Center
- Intercom to Front Desk
- Community Storage Space
- Elevator
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Breed Restrictions
Security
- Secure Elevator
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,262 | $364,621 | -- | -- |
| 2024 | $6,212 | $354,345 | -- | -- |
| 2023 | $6,212 | $344,025 | $0 | $0 |
| 2022 | $8,172 | $392,969 | $0 | $0 |
| 2021 | $7,590 | $357,245 | $0 | $0 |
| 2020 | $7,387 | $346,840 | $0 | $0 |
| 2019 | $8,048 | $377,000 | $0 | $0 |
| 2018 | $7,896 | $377,000 | $0 | $0 |
| 2017 | $8,005 | $377,878 | $0 | $0 |
| 2016 | $8,479 | $387,962 | $0 | $0 |
| 2015 | $8,452 | $352,693 | $0 | $0 |
| 2014 | $7,271 | $320,630 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/01/2025 12/01/25 | Price Changed | $740,000 | -1.3% | $629 / Sq Ft | |
| 09/26/2025 09/26/25 | Price Changed | $750,000 | -3.8% | $637 / Sq Ft | |
| 09/09/2025 09/09/25 | Price Changed | $780,000 | -2.4% | $663 / Sq Ft | |
| 08/22/2025 08/22/25 | Price Changed | $799,000 | -0.7% | $679 / Sq Ft | |
| 08/07/2025 08/07/25 | Price Changed | $805,000 | +0.8% | $684 / Sq Ft | |
| 06/25/2025 06/25/25 | For Sale | $799,000 | +26.8% | $679 / Sq Ft | |
| 07/15/2022 07/15/22 | Sold | $630,000 | -3.1% | $535 / Sq Ft | View Prior Sale |
| 06/16/2022 06/16/22 | Pending | -- | -- | -- | |
| 03/07/2022 03/07/22 | For Sale | $650,000 | -- | $552 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $630,000 | Kass Mark Evans | |
| Warranty Deed | $630,000 | Kass Mark Evans | |
| Quit Claim Deed | -- | Attorney | |
| Special Warranty Deed | $366,000 | Attorney | |
| Special Warranty Deed | $157,800 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | New Conventional | |
| Closed | $150,000 | New Conventional |
Source: MIAMI REALTORS® MLS
MLS Number: A11827114
APN: 01-3218-086-0130
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