7% cap rate. Unit is rented. Completely rebuilt new Art Deco Condo Conversion. Great layout, kitchen separate from Rooms down hallway, center bathroom has guest entrance & room entrance. Italian wood floors, impact glass windows, washer/dryer in the unit, designer kitchen, stone counter tops and more. Quiet, walking distance to the beach and to Lincoln road and Flamingo Park. Small Boutique Building. Available unit 3,7 and 8 , can be sold together for $1,275,000.