$10,000,000 $53,682 est/mo Sourced by Back At You
700 Harlem Tenants Circle,Clewiston, FL 33440
Clewiston, FL 33440
Ariel view
Leasing office
Ariel view
Ariel view
Ariel view
Front entrance
3 bedroom layout
111 - 2 bedroom layout
4 bedroom layout
1 bedroom layout
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.
Details
| MLS # | R11127667 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1978 |
| Days On Site | 329 |
| Listing Provided By | EXP Realty LLC | Vikaash Moosai |
Features
| Bath(s) | 126 |
|---|---|
| SQ Feet | 231,332 |
| Story(s) | 1 |
| Units | 126 |
| Zoning | RG4 |
| Acreage | 18.10 |
Exterior
| Lot Features | City Lot, Landscaped, Residential Lot, Subdivision |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|
Area Information
| State | FL |
|---|---|
| County | Hendry |
| City | Clewiston |
| Zip Code | 33440 |
| Area | 5940 Other Florida County |
| Listing VS Median (in 33440) | |
Price: $10,000,000 low | high Med: $382,500 sqft: 231,332 low | high Med: 1,301 $ / sqft: $43 low | high Med: $306 On site: 329 low | high Med: 175 | |
Market Activity 33440
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Learn More About This Property
| State | FL |
|---|---|
| County | Hendry |
| City | Clewiston |
| Zip Code | 33440 |
| Area | 5940 Other Florida County |
| Listing VS Median (in 33440) | |
Price: $10,000,000 low | high Med: $382,500 sqft: 231,332 low | high Med: 1,301 $ / sqft: $43 low | high Med: $306 On site: 329 low | high Med: 175 | |
Listing Updated: August 17, 2026 at 3:33:07 AM PDT