700 Harlem Tenants Circle, Clewiston, FL, 33440
700 Harlem Tenants Circle, Clewiston, FL, 33440
$10,000,000
Basics
- Listing updated: February 04, 2026 at 9:35 am
- Days on Сomwire: 48
- Year built: 1978
- Status: Active
- Price per sqft: $43.22
- Date added: January 17, 2026 at 8:55 pm
- Building size (SF): 231332.00 sq ft
- Acres: 18.10 sq ft
- For Sale: Yes
- For Lease: No
- Listing Office Name: EXP Realty LLC
Description
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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.
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Location
Building Details
- Type: MultiFamily (5+ Units)
- Building Type: Free Standing, Other, Resident. Multi-Fam.
- Heating: Central
- Construction: CBS
- Floor covering: Vinyl Floor
- Roof: Other
- Real Estate Taxes: $0
- Tax Year: 2024
- Cooling: Central
- Docs Available: None
- Info Available: Full Financials,Photos
Additional Info
- Listing Agent: Vikaash Moosai
- Listing Agent Phone: (305) 298-4276
- Listing Office: EXP Realty LLC
- MLS ID: RX-11127667
- MLS Source: Realtor Association of the Palm Beaches (RAPB)
Website provided by Comwire Realty. Data provided by The Beaches MLS, though FLEXMLS.
The data is obtained from various sources and may not have been verified by the broker or the MLS.