2321 McArthur Ave, Alva, FL 33920

--beds

--baths

0.5Acres

Unimproved Land

Built in ----

0.5 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Public road accessEstablished neighboring homesExcellent locationAvailable utilities nearby

Prime Multifamily Development Site – Rare Investment Opportunity! Exceptional 0.50-acre development opportunity! This versatile lot is zoned Multifamily, allowing the construction of 2 to 9 residential units, making it an outstanding investment for developers, builders, or those looking to generate rental income. Whether you’re planning a multifamily project or a custom single-family residence (subject to local regulations), this property offers incredible flexibility. Conveniently located in a growing area with established neighboring homes, public road access, and available utilities nearby, it is ready for your vision. Container homes are permitted, opening the door to innovative, modern, and cost-effective building options. With strong development potential, excellent location, and increasing demand in the area, this is a rare chance to secure a property with endless possibilities. Don’t miss the opportunity to build your next investment or dream project!

27 days
105
8

Facts & features

Interior

Video & virtual tour

View virtual tour

Property

Lot

Size: 0.5 Acres
Features: 1/4 To Less Than 1/2 Acre Lot, No Misc/Improvements
Residential vegetation: No Trees

Details

Additional structures: None
Parcel number: 10359400

Community & HOA

Community

Subdivision: Macarthur

HOA

Has HOA: No

Location

Region: Alva

Financial & listing details

Tax assessed value: $20,995
Annual tax amount: $700
Date on market: 8/6/2026
Listing terms: Cash

Estimated market value

Not available

Estimated sales range

Not available

$1,502/mo

Price history

Date	Event	Price
8/7/2026	Listed for sale	$30,000
Source: MIAMI #A12067080 Report a problem
8/2/2026	Listing removed	$30,000
Source: MIAMI #A11964714 Report a problem
2/13/2026	Listed for sale	$30,000-14.3%
Source: MIAMI #A11964714 Report a problem
1/27/2026	Listing removed	$35,000
Source: MIAMI #A11845481 Report a problem
7/24/2025	Listed for sale	$35,000-5.4%
Source: MIAMI #A11845481 Report a problem
3/30/2025	Listing removed	$37,000
Source: MIAMI #A11652866 Report a problem
9/5/2024	Listed for sale	$37,000+1056.3%
Source: MIAMI #A11652866 Report a problem
12/17/2009	Sold	$3,200
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$474 +9.8%	$8,199 +10%
2024	$432 +14.3%	$7,454 +10%
2023	$378 +12.4%	$6,776 +10%
2022	$336 +8.3%	$6,160 +10%
2021	$310 +1.4%	$5,600 +9.8%
2020	$306 +92.5%	$5,100 +6.3%
2019	$159	$4,800 +6.7%
2018	$159 +10.5%	$4,500 -0.5%
2017	$144 +3%	$4,522 +2.8%
2016	$140 +8%	$4,400 +27.7%
2015	$129 +7.2%	$3,445 +8%
2014	$121 +14%	$3,190 +13.9%
2013	$106 +11.8%	$2,800 +14.3%
2012	$95 -16.7%	$2,450 -30%
2011	$114 -0.9%	$3,500
2010	$115 -16.5%	$3,500 -30%
2009	$137 -20.1%	$5,000 -37.5%
2008	$172 -59.5%	$8,000 -66.4%
2007	$424 -45.3%	$23,800 -47.2%
2006	$776 +636.7%	$45,100 +1188.6%
2004	$105 +20%	$3,500 +40%
2003	$88 +11.1%	$2,500 +25%
2002	$79	$2,000 +25%
2000	--	$1,600