700 Harlem Tenants Circle, Clewiston, FL 33440
$10,000,000
Property Type:
Commercial Sale
Square Footage:
231,332
Lot Size (sq. ft.):
788,436
Status:
Active
Current Price:
$10,000,000
List Date:
1/17/2026
Last Modified:
3/11/2026
Description
Harlem Garden Apartments is a 126-unit, fully HAP-assisted property sitting on 18 acres in Clewiston with no property taxes. Occupancy is 97%+, rents are backed by HUD, and the asset is fully staffed and in compliance.
2024 was distorted by one-time costs (insurance spike, HUD repayment, extraordinary repairs). When we normalize, NOI comes in around ~$525k. With the next HUD rent adjustment and expense optimizations, we project $650k NOI in 2026, which supports our $10MM asking price at a 6.5% cap.
More Information MLS# R11127667
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Contract Date: 2025-09-28
Status: Active
Original List Price: 10000000
List Price: $10,000,000
Current Price: $10,000,000
Location and Legal
County Or Parish: Hendry
County Parish Name: Hendry
City Name: Clewiston
Postal Code: 33440
Geographic Area: Other
Multiple Offers Accepted: Yes
Property Description: BEG 1460 FT S + 460
Country: United States
Street Number: 700
Street Name: Harlem Tenants
Street Suffix: Circle
State Or Province: FL
Area: 5940 - Other Florida County
Parcel Number: 1 34 43 21 A00 0002 010.0
Zoning: RG4
Directions: Continue on US-441 N/US-98. Take US-27 N to W C Owen Ave in Clewiston. Continue on W C Owen Ave. Take Georgia Ave to Harlem Tenants Cir in Harlem.
General Property Information
Lot Size Area: 788436
Stories: 1
Property Sub Type: Multi Family
Building Area Main: 231332
Building Area Source: Public Records
Year Built: 1978
Lot Size Acres: 18.1
Currently Not Used
Number Of Units Total: 126
Remarks and Miscellaneous
Public Historical Remarks: Miscellaneous: Y
Office/Member Information
DXORIGMLSID: RML
Electric
Three Phase: 1
Flooring
Vinyl: 1
Property Condition
Resale: 1
Documents Available
Financial Statement: 1
Photos: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Insurance: 1
Water: 1
Location of Property
City Location: 1
In Residential Area: 1
Subdivision: 1
Utilities
Cable Available: 1
Building and Property Details
# Of Offices: 1
# Of Tenants: 125
# Of Toilets: 126
% Air Conditioned: 100
Maximum Ceiling Height: 10
Seating Capacity: 5
Building Features
Free Standing: 1
Manager On Premises: 1
Meeting Room(s): 1
Business Type
Other: 1
Heating
Central: 1
Sale Includes
Building: 1
Land: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Landscaped: 1
Roof
Other: 1
Security Features
Closed Circuit Camera(s): 1
Security Patrol: 1
Smoke Detector(s): 1
Water Source
Public: 1
Description of Unit Type 1
Unit Type: 1 Bedroom
Units Total: 12
Full Baths: 1
Annual Rent: 11.53
Description of Unit Type 2
Unit Type: 2 Bedroom
Units Total: 51
Full Baths: 1
Annual Rent: 13.26
Cooling
Central Air: 1
Description of Unit Type 3
Unit Type: 3 Bedroom
Units Total: 51
Full Baths: 1
Annual Rent: 15.43
Description of Unit Type 4
Unit Type: 4 Bedroom Or More
Units Total: 12
Annual Rent: 16308
Showing Requirements
24 Hour Notice: 1
Listing Agent Must Accompany: 1
Text Listing Agent: 1
Price Calculations
Current Price To SqFt: 43.22
Financial Information
Tax Year: 2024
Tax Legal Description: BEG 1460 FT S + 460 FT
Status Change Information
Major Change Timestamp: 2026-01-17T19:40:39Z
Major Change Type: Back on Market
Status Change Date: 2026-01-17
Originating Details
Originating System Key: 20250927012422070078000000
Originating System ID: M00000170
Property Features
Building Features: Free Standing; Manager On Premises; Meeting Room(s)
Business Type: Other
Documents Available: Financial Statement
Electric: Three Phase
Flooring: Vinyl
Heating: Central
Location of Property: City Location; In Residential Area; Subdivision
Property Condition: Resale
Sale Includes: Building; Land
Tenant Pays: Cable TV; Electricity; Insurance; Water
Construction Materials: CBS
Cooling: Central Air
Listing Terms: Cash; Conventional
Lot Features: Landscaped
Roof: Other
Security Features: Closed Circuit Camera(s); Security Patrol; Smoke Detector(s)
Utilities: Cable Available
Water Source: Public
Showing Requirements: 24 Hour Notice; Listing Agent Must Accompany; Text Listing Agent
Documents
Additional Pictures ›
Listing Office:
EXP Realty LLC
Last Updated: March - 11 - 2026
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