Property Details
| Sold Price | $820,000 |
|---|---|
| Last Asking Price | $890,000 |
| Price per SqFt | $696 |
| Maintenance Fee | $1,524 Monthly |
| Property Taxes | $8,945 2023 |
| Interior Space | 1,179 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 2008 |
| Closed Date | 5/9/2024 |
| MLS # | A11502813 |
Location
From the listing
IOS on the Bay is a boutique condominium comprised of 43 units and located in the historic MIMO and Upper East Side. Situated between Miami Shores and Morningside Park, an area dominated by multi-million dollar historic homes, IOS on the Bay is the rare condominium exception. Apartment 503 features a private 1,013sf roof terrace with 360-degree views of the city and Biscayne Bay. Additional features include an in-unit storage room, an additional storage locker in the garage, 10-foot-high ceilings, and a large covered parking spot near the elevator entrance. The unit features limestone tile floors, upgrades to the kitchen and baths, a new washer/dryer, impact windows, and doors, and a large balcony from the living room with water views. Minutes to the Design District and Miami Beach.
Listed by Direct Real Estate
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,524 a month; taxes $8,945 for 2023. MLS figures, which may not be accurate.
Sales History for This Unit · Ios On The Bay Unit 503
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11054358 | $577,500 | 1/28/22 |
| A1531799 | $415,000 | 6/29/12 |
What Other Units Have Been Selling For at Ios On The Bay
5 units sold at Ios On The Bay in the last 12 months at an average of $661/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 403 | $619,000$526/SqFt | 93% | 6/16/26 |
| 311 | $625,000$643/SqFt | 93% | 5/20/26 |
| 103 | $610,000$556/SqFt | 88% | 3/4/26 |
| 306 | $925,000$752/SqFt | 95% | 1/30/26 |
| 511 | $700,000$725/SqFt | 88% | 4/29/25 |
| 306 | $925,000$752/SqFt | 97% | 12/7/23 |
| 201 | $840,000$722/SqFt | 99% | 8/10/23 |
| 403 | $630,000$535/SqFt | 97% | 7/15/22 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Direct Real Estate. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
Ask Mark About This Listing
Ios On The Bay Unit 503, 720 NE 62nd Street · MLS A11502813 · Sold May 2024
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Ios On The Bay
At Ios On The Bay, 2 of 43 units are for sale and 5 sold in the last 12 months at an average of $661 per SqFt. Unit 503 sold at $696 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, a Miami real estate agent with ONE Sotheby's International Realty, from MLS records.