720 NE 62nd St, #501, Miami, FL, 33138 | $3,400

Discover Miami's best-kept secret: a private rooftop terrace in the heart of the MiMo District. This stunning 5th-floor residence at IOS on the Bay puts you above it all with an outdoor lifestyle that is simply unmatched — a 700SqFt private rooftop terrace for BBQ, gardening, jacuzzi or those golden-hour moments, plus a sprawling 240 sq ft wraparound balcony that brings the Miami breeze right to your living space. Together, they create an extraordinary outdoor sanctuary perfect for sunset cocktails, morning coffee, alfresco dining, or simply soaking in everything Miami was made for. Inside, 673 sq ft of beautifully designed interior space has been thoughtfully appointed: wood kitchen cabinetry, stainless steel backsplash, granite countertops, and a spa-inspired bathroom with a glass-enclosed rain shower and river rock detail that turns your daily routine into a luxury experience. An in-unit washer/dryer and covered parking round out the conveniences. High-impact windows keep things quiet and cool year-round. IOS on the Bay is an intimate boutique building — just 45 residences set on 175 feet of direct Biscayne Bay frontage — with a stunning bayfront pool and fitness center. Nestled in Miami's iconic MiMo District on the Upper East Side, you're steps from the neighborhood's beloved cafés and restaurants, minutes from the Design District, Wynwood, Brickell, and a bay away from South Beach. Annual lease. Available July 1st.

Features

  • Type: Condominium
  • Bedrooms: 1
  • Baths: 1 full
  • Style: Cluster Home,Penthouse
  • Year Built: 2008
  • Garage: 1-car One Space,Garage Door Opener
  • Heating: Central,Electric
  • Cooling: Central Air,Electric
  • Approx Sq. Feet: 673
  • Water Front: Yes
  • Middle School: Horace Mann
  • High School: Miami Edison
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Dryer,Dishwasher,Electric Range,Refrigerator,Washer
  • Lease Term Type: 12 Months
  • MLS#: A12022305
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/A12022305/720ne62ndst_miami_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MIAMI Association of REALTORS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing courtesy of Elite Ocean View Realty LLC   Phone: 305-600-1278

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

720 NE 62nd St, #501, Miami, FL, 33138

$3,400

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $2,720 $2,720 $2,720
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $17 $17 $23
Total Monthly Payment $92 $92 $98

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.