700 Harlem Tenants Cir
Description
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.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.
- Listed by Vikaash Moosai • Brokerage DRE #1037043 • EXP Realty LLCP: (305)-298-4276 C: (305)-298-4276 vikmoosai@gmail.com
Property Details for 700 Harlem Tenants Circle
Property Details for 700 Harlem Tenants Circle
| Status | Active |
|---|---|
| MLS # | R11127667 |
| Days on Market | 162 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Commercial Sale / Multi Family |
| Year Built | 1978 |
| Lot Size | 18.10 AC / 788,436 SF |
| County | Hendry County |
Location
Building Information for 700 Harlem Tenants Circle
Payment Calculator
$52,232 per month
30 year fixed, 6.36% Interest
$49,831
$2,401
$0
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1Property Information for 700 Harlem Tenants Circle
- Area: 5940 - Other Florida County, 5940
- Boat Access: Miscellaneous: Y
- City and Location Text: Clewiston
- County Land Code: Hendry County
- County Or Parish: Hendry County
- Geo Lat: 26.734946
- Information Available: Financial Statement, Photos
- Location: City Location, In Residential Area, Subdivision
- MLS Area: 5940 - Other Florida County, 5940
- MLS Sub Area: Other, Other Geographic Area (Out Of Area Only)
- Postal Code: 33440
- State: FL
- Street #: 700
- Zoning: RG4
- Association Fee: $0
- Legal Desc: BEG 1460 FT S + 460 FT
- Parcel ID: 1344321A0000020100
- Tax Year: 2024
- UnBranded Virtual Tour: https://www.propertypanorama.com/700-Harlem-Tenants-Circle-Clewiston-FL-33440/unbranded
- Acres: 18.1
- Approx Sqft Total Area: 231332
- Lot Description: Landscaped
- Property Condition: Resale
- Sq Ft: 231332
- Sq Ft Total: 231,332
- Property Type: Commercial Sale, Multi Family
- Avail Docs: Financial Statement, Photos
- Construction Type: Multi Family, Other, Resale, CBS
- Document Count: 1
- Legal Description: BEG 1460 FT S + 460 FT
- Type: Multi Family
- Year Built Description: 1978
- Cable Available: Yes
- Electric Service: Three Phase
- On Site Utilities: Cable Available
- Utilities: Cable Available
- Balcony Porch/Patio: No
- Construction: CBS
- Guest Accommodations: No
- Num Offices: 1
- Roof: Other
- Roof Description: Other
- Security Information: Closed Circuit Camera(s), Security Patrol, Smoke Detector(s)
- Building Features: Free Standing, Manager On Premises, Meeting Room(s)
- Baths Total: 126
- Building Includes: Building, Land
- Column Description: CBS
- Cooling: Central Air
- Flooring: Vinyl
- Heating: Central
- Heating Description: Central
- Maximum Ceiling Height: 10
- Num Floors: 1
- Num Tenants: 125
- Num Toilets: 126
- Numof Units: 126
- Number of Stories: 1.0
- Unit Count: 126
- Exp Incl Pool Service: No
- Baths Full: 1
- Baths Full: 1
- Baths Full: 1
- DXORIGMLNO: RML
- Tenant Pays: Cable TV, Electricity, Insurance, Water
Property History for 700 Harlem Tenants Circle
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 17, 2026 | Listed (Active) Beaches MLS #R11127667 | $10,000,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/17/2026 | Listed (Active) Beaches MLS #R11127667 | $10,000,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 700 Harlem Tenants Circle
Schools near 700 Harlem Tenants Circle
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 5 |
Rating | School | Distance |
|---|---|---|
Eastside Elementary School PublicPK to 5 | ||
Clewiston Middle School Public6 to 8 | ||
Clewiston High School Public9 to 12 | ||
Westside Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of EXP Realty LLC, Vikaash Moosai
The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.
