16340 Old Olga Rd consists of 1± acre of AG-2 zoned land with direct frontage along Palm Beach Boulevard. The property benefits from close proximity to a strong mix of commercial development, including a Publix-anchored shopping center, multiple retail and commercial users, Riverdale High School, and River Hall, a growing master-planned community planned for over 2,695 homes, with more than 1,500 already constructed.
HIGHLIGHTS: • 145' of direct frontage on Palm Beach Boulevard • Opportunity to acquire adjacent 2.09± acres. • Close proximity to a host of commercial activity as well as many residential developments including River Hall, planned for 2,695 residences. • The site is positioned directly along the primary thoroughfare serving traffic to eastern counties, including Hendry and Glade County.
Active
$375,000
16340 Old Olga Rd, Alva, FL 33920
--beds
--baths
0.99Acres
Unimproved Land
Built in ----
0.99 Acres Lot
$268,700 Zestimate®
$--/sqft
$-- HOA
What's special
- 8 hours |
- 9 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Alex Henderson 239-940-2856,
LSI Companies Inc.,
Max Molloy 239-848-2050,
LSI Companies Inc.
Source: Florida Gulf Coast MLS,MLS#: 2026018455
Originating MLS: Florida Gulf Coast
Facts & features
Interior
Cooling
- See Remarks
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: None
Lot
- Size: 0.99 Acres
- Dimensions: 145 x 3 x 130 x 367
- Features: Rectangular Lot, See Remarks, Acreage, Rural Lot
Details
- Parcel number: 2343260000011.001B
- Lease amount: $0
- Zoning description: AG-2
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Features: None
- Condo and coop fee: $0
- Membership fee: $0
- Subdivision: ALVA
HOA
- Services included: None
Location
- Region: Alva
Financial & listing details
- Tax assessed value: $233,937
- Annual tax amount: $1,159
- Date on market: 4/22/2026
- Listing terms: All Financing Considered,Cash
- Road surface type: Paved
Estimated market value
$268,700
$231,000 - $304,000
$1,484/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Listed for sale | $375,000+387% |
Source: | ||
| 4/18/1994 | Sold | $77,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,159 +6.7% | $99,617 +2.9% |
| 2024 | $1,087 +4.2% | $96,810 +3% |
| 2023 | $1,043 -6.8% | $93,990 +3% |
| 2022 | $1,119 +5.8% | $91,252 +3% |
| 2021 | $1,057 +2.7% | $88,594 +1.4% |
| 2020 | $1,030 +25.1% | $87,371 -43.4% |
| 2019 | $823 | $154,230 +118.7% |
| 2018 | $823 -0.2% | $70,514 +2.1% |
| 2017 | $824 +1.1% | $69,064 -52.8% |
| 2016 | $815 +1.6% | $146,469 +6% |
| 2015 | $803 -0.4% | $138,200 +26.6% |
| 2014 | $805 +2.6% | $109,199 +35.7% |
| 2013 | $785 +2.2% | $80,498 +1.1% |
| 2012 | $768 -0.8% | $79,593 +27% |
| 2011 | $774 -16.1% | $62,678 -18.6% |
| 2010 | $923 +3.2% | $77,028 -32.1% |
| 2009 | $894 -8.6% | $113,360 -41.9% |
| 2007 | $978 -0.5% | $195,060 +23.6% |
| 2006 | $983 +2% | $157,770 +80.6% |
| 2004 | $964 -3.7% | $87,360 -1% |
| 2003 | $1,002 +2.9% | $88,230 -1% |
| 2002 | $974 | $89,110 +23.8% |
| 2000 | -- | $71,970 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33920
Nearby schools
GreatSchools rating
- 3/10River Hall Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 6/10The Alva SchoolGrades: PK-8Distance: 5 mi
- 4/10Riverdale High SchoolGrades: 9-12Distance: 2.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Lee County
- Alva
- 33920
- 16340 Old Olga Rd









