Sold for $2,420,500

$2,420,500

720 NE 62nd St APT 512, Miami, FL 33138

3beds

3,143sqft

Condominium

Built in 2008

-- sqft lot

$2,510,900 Zestimate^®

$770/sqft

$7,811 Estimated rent

Home value

$2,510,900

$2.28M - $2.79M

$7,811/mo

Zestimate^® history

Owner options

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$7,811/mo

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$7,811/mo

Rent Zestimate^®

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$20,530/mo

Est. payment

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$20,530/mo

Est. payment

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What's special

A Miami dream come true. High end fully furnished Miami Penthouse directly on the bay with a Huge Rooftop with PRIVATE pool, full outdoor kitchen and Bar, private steam and dry Sauna. This 3 beds 3.5 bath boasts a massive Master bedroom with walk in closet. Custom made huge triple king size bed! Elegantly finished unit with automated shades, private elevator, top of the line open plan gourmet kitchen Marble chefs Mia Cucina kitchen, dishwasher, wine cooler, double Sub Zero, 4 private balconies, 4 covered parking Including one with elevator for 2 cars. Private separate storage facility. Clean modernist lines outline a backdrop of water and sky. Property sits on 175 feet of Biscayne Bay, facing Miami Beach & downtown Miami. Seller is motivated to sell.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal

Features

Flooring: Tile
Doors: High Impact Doors
Windows: Clear Impact Glass

Interior area

Total structure area: 3,143
Total interior livable area: 3,143 sqft

Property

Parking

Total spaces: 4
Parking features: 2 Or More Spaces
Garage spaces: 4

Features

Entry location: First Floor Entry
Exterior features: Balcony
Has private pool: Yes
Pool features: Private Pool
Has view: Yes
View description: Bay
Has water view: Yes
Water view: Bay
Waterfront features: Bay
Frontage type: Bay/Harbor

Details

Parcel number: 0132180860420

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

CBS Construction

Condition

Year built: 2008

Community & HOA

Community

Security: Complex Fenced
Application fee: $150
Pet fee: $0
Subdivision: Ios On The Bay Condo

HOA

Has HOA: Yes
Amenities included: Bar, Barbecue, Elevator(s), Fitness Center, Pool, Other, Sauna
HOA fee: $3,822 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $770/sqft
Tax assessed value: $1,394,100
Annual tax amount: $28,658
Date on market: 3/21/2024
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
8/26/2024	Sold	$2,420,500-3.2%$770/sqft
Source: MIAMI #A11553710 Report a problem
7/31/2024	Contingent	$2,500,000$795/sqft
Source: MIAMI #A11553710 Report a problem
6/14/2024	Price change	$2,500,000-23.1%$795/sqft
Source: MIAMI #A11553710 Report a problem
3/21/2024	Listed for sale	$3,250,000-7.1%$1,034/sqft
Source: MIAMI #A11553710 Report a problem
1/18/2024	Listing removed	--
Source: MIAMI #A11348841 Report a problem
10/23/2023	Price change	$3,500,000-12.5%$1,114/sqft
Source: MIAMI #A11348841 Report a problem
2/27/2023	Listed for sale	$4,000,000+131.2%$1,273/sqft
Source: MIAMI #A11348841 Report a problem
4/11/2014	Sold	$1,730,000+310.6%$550/sqft
Source: Public Record Report a problem
5/3/2013	Listing removed	$6,500$2/sqft
Source: Douglas Elliman #A1724615 Report a problem
2/15/2013	Price change	$6,500-26.1%$2/sqft
Source: Douglas Elliman #A1724615 Report a problem
12/19/2012	Listed for rent	$8,800$3/sqft
Source: Douglas Elliman #A1724615 Report a problem
9/21/2010	Sold	$421,300$134/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$27,022 -3.2%	$1,394,100
2024	$27,928 -2.5%	$1,394,100
2023	$28,658 +1.5%	$1,394,100 +2.7%
2022	$28,221 +7.7%	$1,357,092 +10%
2021	$26,212 -0.2%	$1,233,720
2020	$26,276 -8.2%	$1,233,720 -8%
2019	$28,626 +1.9%	$1,341,000
2018	$28,088	$1,341,000 -0.1%
2017	$28,088 -1.2%	$1,341,811 -3%
2016	$28,425 -4.7%	$1,383,310
2015	$29,837 +18.9%	$1,383,310 +25%
2014	$25,097 +12.8%	$1,106,650 +7%
2013	$22,255 +0%	$1,034,250 +5%
2012	$22,255 +182.8%	$985,000 +184.7%
2011	$7,868 +8.1%	$345,920 +15%
2010	$7,282 -15.8%	$300,800 -20%
2009	$8,645	$376,000