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Lake Olivia is an 89-acre (360,000 m2) freshwater lake located within the Avon Park Lakes subdivision in northwest Highlands County, Florida. It is to the northwest of the incorporated city of Avon Park. Maximum depth is about 45 feet (14 m), with a fairly steep contour to the depth. The lake's shape is round.

Avon Park Lakes (APL) is a residential community of about 2,500 people in northwest Highlands County, Florida. It is bounded by Polk County, Florida, on the north and Hardee County, Florida, on the west. On the northeast it is bounded by Lake Adelaide. The development, roughly "C" shaped, reaches to the south a block north of State Highway 64.