10 months on rocket

720 NE 62nd St Unit 511, Miami, FL, 33138

$845,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
966 SqFt
$875/SqFt
Condo

Location

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720 NE 62nd St Unit 511, Miami$845,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Garage, Two or More Spaces
Attached Garage2 spaces
Year Built2008
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontBay Front
ViewCity
MLS #A11525475
StatusActive

About 720 NE 62nd St Unit 511

Stunning 2/2 corner penthouse condo with a spacious PRIVATE ROOFTOP TERRACE (1000+ sq ft) and an extra 187 sq ft wraparound balcony, offering a seamless indoor-outdoor living experience. The unit is thoughtfully designed with an open layout, high ceilings, stainless steel appliances, granite countertops, and luxurious bathroom, oversized floor-to-ceiling glass-walled rain shower with pebble stone, laundry closet. Abundant natural light fills every room, creating a warm ambiance. 2 parking spaces: one ground level, the second on a lift. Located in the luxurious IOS on the Bay waterfront boutique building in Miami's Upper Eastside, residents enjoy amenities like a bay-view pool, exercise room, and on-site manager. Minutes away from MiMo District, Miami Beach, Design District and major roads.

Property Details

Property Features

Property Information:

  • Architectural Style: Penthouse
  • Year Built: 2008
  • Living Area: 966 SqFt

Listing Office:

  • Office Name: Keller Williams Eagle Realty
  • Office Phone: (305) 757-1700
  • Listing Agent: Jack Coden

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: City
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Attached, Garage, Two or More Spaces

Virtual/3D Tour

  • Virtual Tour: 720 NE 62nd St Unit 511
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Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $845,000
  • Price Per SqFt: $875/SqFt

HOA Fees:

  • Amount: $1249
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

720 NE 62nd St Unit 511 vs Miami

319 DAYS ON ROCKET

+259 Days

$845,000

+$279.3K More

$875/SqFt

+$483 More

KEY TAKEAWAY

This property is $279.3K more than the Median Sold Price and $483/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11525475

Listing Office:

  • Office Name: Keller Williams Eagle Realty
  • Office Phone: (305) 757-1700
  • Listing Agent: Jack Coden

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,534

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,600

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4482106
6
/10

  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 0.41 miles

  • Public Magnet Grades PK-5

school-card-donut-4482107
7
/10

  • Toussaint L'Ouverture Elementary School

  • 120 NE 59th St

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-4482108
7
/10

  • Shadowlawn Elementary School

  • 149 NW 49th St

  • 1.37 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,558. Typical income of Miami, FL residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 720 NE 62nd St Unit 511

What is the listing price of this property?

The listing price of 720 NE 62nd St Unit 511 property is $845,000.

What type of property is this?

The property 720 NE 62nd St Unit 511 is a condo located in Miami, Florida, 33138.

Is this property for sale now?

Active Listing: 720 NE 62nd St Unit 511 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 720 NE 62nd St Unit 511 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 720 NE 62nd St Unit 511 is 966 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 720 NE 62nd St Unit 511 is 2008.

Rocket Homes›Florida›Miami-Dade County›Miami›33138›720 NE 62nd St Unit 511

This home is located at 720 NE 62nd St Unit 511 in Miami, FL and zip code 33138 in the Upper East Side neighborhood. This 966 square foot home was built in 2008. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 03, 2024 and is currently priced at $845,000.

In November 2024 more than 38 listings in Miami, FL were sold above the asking price. During the same period more than 112 listings were sold at asking price, while more than 445 were sold below. In November 2024 in Miami, FL there were 6.7% more homes for sale than in October 2024. While the average time on the market in November 2024 was 60 days, the median list price was $565,671.

From Rocket Homes Real Estate and based on county public records data.

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