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700 Harlem Tenants Circle, Clewiston, FL 33440

$10,000,000

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https://www.propertypanorama.com/700-Harlem-Tenants-Circle-Clewiston-FL-33440/unbranded

Property Type: Commercial Sale Square Footage: 231,332 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

700 Harlem Tenants Circle, Clewiston, FL 33440- MLS# R11127667

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