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$10,000,000
19 Days On Site
700 Harlem Tenants CircleClewiston, FL 33440
For Sale|Multi Family|Active
0
Beds
0
Total Baths
1978
Built
County:
Hendry
Call Now: 1-561-540-8122
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1-561-540-8122
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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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Listing Snapshot
Price
$10,000,000
Days On Site
19 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
18.1 Acres
Year Built
1978
MLS® Number
R11127667
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
General Features
Acres
18.1
Levels
One
Property Sub Type
Multi Family
Security
Closed Circuit Camera(s)Smoke Detector(s)Security Guard
Utilities
Cable AvailableElectricity AvailableWater Available
Water Source
Public
Zoning
RG4
Interior Features
Cooling
Central Air
Flooring
Vinyl
Heating
Central
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Exterior Features
Construction Details
Block
Lot Features
City Lot
Roof
Other
Community Features
Financing Terms Available
CashConventional
MLS Area
5940
Listing courtesy of EXP Realty LLC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-10-17 05:24 AM UTC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-10-17 05:24 AM UTC
Neighborhood & Commute
Source: Walkscore
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OR CALL REAL ESTATE BROKER
ALICE LONNQVIST
PHONE: 1-561-540-8122
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