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    700 Harlem Tenants Cir Clewiston, FL 33440

    For Sale
    $10,000,000

    Fully HAP-assisted 126-unit apartment complex in Clewiston, Florida.

    Lot size:
    18.10 Acres

    Property Features for 700 Harlem Tenants Cir

    General Information

    Lot size
    18.10 Acres

    Building Details

    Year built
    1978

    Source: EXP Realty LLC Agent Vikaash Moosai

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    126-Unit HAP-Assisted Apartment Complex

    Harlem Garden Apartments is a 126-unit apartment complex located in Clewiston, Florida, situated on 18 acres. The property is fully HAP-assisted and maintains an occupancy rate of over 97%. Rents are backed by HUD, and the asset is fully staffed and in compliance. The property experiences no property taxes. The normalized Net Operating Income (NOI) is approximately $525,000. Projections indicate a potential NOI of $650,000 in 2026, based on the next HUD rent adjustment and expense optimizations.
    Location Intelligence

    Current Use by Public Records

    Flyy Photos Photo Booth Harlem Garden Apartments Apartment Building Harlem Garden Apartments ... Food Bank Kinsey's beauty and more ... Beautician

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Wholesale Shop Skin Care Clinic Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clewiston
    County
    Hendry
    State
    Florida
    Longitude
    -80.9470416
    Latitude
    26.7349176

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    FAQs

    What type of property is this?
    Apartment building - Fully HAP-assisted 126-unit apartment complex in Clewiston, Florida.
    Where is this apartment building located?
    The property is located at 700 Harlem Tenants Cir Clewiston, FL.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: - Fully HAP-assisted property with rents backed by HUD, ensuring stable income.; - High occupancy rate of 97%+, indicating strong demand.; - No property taxes, significantly reducing operating expenses.
    (305) 298-4276
    Request Owner's contact information
    700 Harlem Tenants Cir Clewiston, FL 33440
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    Clewiston, FL 33440
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    700 Harlem Tenants Cir Clewiston, FL 33440
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