Active
720 NE 62nd St # 402, Miami FL 33138,Miami,Miami-Dade County,Residential
Live at IOS on the Bay, an exquisite modern bayfront…
Residential
$685,000
Description
ENORMOUS OPPORTUNITY FOR THE RIGHT BUYER!! First time this assemblage of Bayshore lots is on the market in over 65 yrs. Three lots, totaling ½ an acre, on the corner of 59th St. & 5th Ave in rapidly changing BayShore. On site is a 100-year-old home spanning 5409 sf. New kitchen & appliances & bathrooms. A grand home w/ richly appointed generous rooms. Owned by a prominent Miami family for over 65 years. Presently zoned as single family residential, the property is surrounded by single & multi-family and commercially zoned lots. County has signaled willingness to relax use restrictions. Just off Biscayne, this area is undergoing dynamic changes. Property could become a stand out stunning estate home in the center of it all, or be the site of high end multi-unit residential development.
Additional Details
- ArchitecturalStyle: Attached, One Story
- BathroomsFull: 3
- BathroomsHalf: 0
- BathroomsTotalDecimal: 3
- BridgeModificationTimestamp: September 29, 2025 at 06:38pm
- BuildingAreaTotal: 5409
- BuildingAreaUnits: Square Feet
- BuildingName: BAYSHORE AMD
- CommunityFeatures: Sidewalks, Underground Utilities, Workshop
- ConstructionMaterials: Brick Veneer, Concrete Block With Brick, Other
- ContractStatusChangeDate: 2025-08-08
- Cooling: Ceiling Fan(s), Central Air
- CountyOrParish: Miami-Dade County
- CoveredSpaces: 4
- DaysOnMarket: 52
- DirectionFaces: Southeast
- Directions: One half block west of Biscayne Boulevard on NE 59th Street
- DoorFeatures: French Doors
- Electric: Circuit Breakers, Fuse Box
- ExpirationDate: 2026-03-09
- FireplaceFeatures: Fireplace
- Flooring: Tile, Wood
- Furnished: Unfurnished
- Heating: Central, Electric
- IDXParticipationYN: 1
- InternetAddressDisplayYN: 1
- InternetAutomatedValuationDisplayYN: 1
- InternetConsumerCommentYN: 1
- InternetEntireListingDisplayYN: 1
- ListAOR: A-Miami Association of REALTORS
- ListAgentDirectPhone: 305-495-9411
- ListAgentEmail: donn@dsdlaw.net
- ListAgentFullName: Donn Dutton
- ListAgentKey: 93af15324a6b2f66e54800a2f77efd8c
- ListAgentMlsId: 3038225
- ListAgentOfficePhone: 305-405-0615
- ListAgentStateLicense: 3038225
- ListOfficeFax: 305-576-8322
- ListOfficeKey: 240a0e4f4f15d333cb30e9a1c344006c
- ListOfficeMlsId: ROBR01
- ListOfficeName: Beachfront Realty Inc
- ListOfficePhone: 305-405-0615
- ListingAgreement: Exclusive Agency
- ListingContractDate: 2025-08-08
- ListingId: A11855344
- ListingKey: aba0fce822ef18bf8d09f4b2d58f75db
- ListingKeyNumeric: 419024855
- ListingTerms: All Cash, Conventional
- LotFeatures: 1/4 To Less Than 1/2 Acre Lot
- LotSizeSquareFeet: 21252
- MIAMIRE_AdjustedAreaSF: 4730
- MIAMIRE_LPAmtSqFt: 578.9575
- MIAMIRE_PoolDimensions: 45x25
- MIAMIRE_PoolYN: 1
- MIAMIRE_RATIO_CurrentPrice_By_SQFT: 578.96
- MIAMIRE_Style: Pool Only
- MIAMIRE_SubdivisionInformation: Sidewalks, Underground Utilities, Workshop
- MIAMIRE_TypeofAssociation: Voluntary
- MLSAreaMajor: Bayshore Amd
- MajorChangeTimestamp: August 8, 2025 at 04:35pm
- MajorChangeType: New
- MlsStatus: Active
- ModificationTimestamp: September 29, 2025 at 06:37pm
- OnMarketDate: 2025-08-08
- OriginalEntryTimestamp: August 8, 2025 at 04:35pm
- OriginalListPrice: 2999000
- OriginatingSystemID: miamire
- OriginatingSystemKey: miamire
- OriginatingSystemName: Miami Association of REALTORS®
- OtherEquipment: Automatic Garage Door Opener
- OtherExpense: 0
- ParcelNumber: 01-32-18-032-0140
- ParkingFeatures: Driveway, Other
- PatioAndPorchFeatures: Open Porch, Screened Porch
- PhotosChangeTimestamp: September 29, 2025 at 06:38pm
- PhotosCount: 66
- PoolFeatures: In Ground, Concrete, Equipment Stays
- Possession: Funding
- PostalCodePlus4: 2210
- PriceChangeTimestamp: August 8, 2025 at 04:35pm
- PublicSurveyRange: 32
- PublicSurveySection: 18
- PublicSurveyTownship: 32
- Roof: Barrel Roof, Flat Roof With Facade Front
- RoomBedroomFeatures: Primary Bath Shower, Primary Bath Tub, Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
- RoomDiningRoomFeatures: Formal Dining
- RoomLivingRoomFeatures: Den/Library/Office, Recreation Room, Workshop
- Sewer: Public Sewer
- ShowingContactType: Agent
- ShowingInstructions: Appointment Only, Call Listing Agent, No Sign
- SourceSystemKey: 419024855
- StateOrProvince: FL
- StatusChangeTimestamp: August 8, 2025 at 04:35pm
- StreetDirPrefix: NE
- StreetName: 5th Ave
- StreetNumber: 5900
- StreetNumberNumeric: 5900
- StructureType: Pool Only, House
- SubdivisionName: BAYSHORE AMD
- SyndicationRemarks: ENORMOUS OPPORTUNITY FOR THE RIGHT BUYER!! First time this assemblage of Bayshore lots is on the market in over 65 yrs. Three lots, totaling ½ an acre, on the corner of 59th St. & 5th Ave in rapidly changing BayShore. On site is a 100-year-old home spanning 5409 sf. New kitchen & appliances & bathrooms. A grand home w/ richly appointed generous rooms. Owned by a prominent Miami family for over 65 years. Presently zoned as single family residential, the property is surrounded by single & multi-family and commercially zoned lots. County has signaled willingness to relax use restrictions. Just off Biscayne, this area is undergoing dynamic changes. Property could become a stand out stunning estate home in the center of it all, or be the site of high end multi-unit residential development.
- TaxAnnualAmount: 22471
- TaxLegalDescription: BAYSHORE AMD PB 15-2 LOTS 18 19 & 20 BLK 2 LOT SIZE 21252 SQUARE FEET OR 20408-3803 05 2002 5
- TaxYear: 2024
- View: Garden, Pool
- WaterSource: Municipal Water
- WindowFeatures: Skylight
- YearBuiltDetails: Effective Year Built
- Zoning: 0104
Features
- Closet Cabinetry
- Den/Library/Office
- Dishwasher
- Dryer
- Electric Range
- Electric Water Heater
- First Floor Entry
- French Doors
- Has a View
- Has Cooling System
- Has Fireplace
- Has Garage
- Has Heating System
- Home Owners Association
- Ice Maker
- Microwave
- Open Parking
- Other
- Recreation Room
- Refrigerator
- Skylight
- Walk-In Closet(s)
- Washer
- Wet Bar
- Workshop
Property Virtual Tour
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30 Years Fixed, 3.5% Interest
- Principle and Interest
Lucho Salvatore is a young real estate agent based in Miami, dedicated to helping families and investors protect and grow…
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