701 KEEN ROAD, FROSTPROOF, FL 33843

$1,424,99915 Beds13 Baths5,908 Sq. Ft.$241 / sq. ft.

FROSTPROOF, FL 33843 · MLS# L4955855 · Active · CROOKED LAKE

Status
Active
Type
Multi Family (5+)
Year Built
1971
Days on Market
177
Lot Size
172,206 sqft
MLS #
L4955855
County
Polk

Description of 701 KEEN ROAD, FROSTPROOF, FL 33843

Here’s the opportunity you’ve been waiting for, a rare multi-unit income producing property! There are 8 units total, currently being rented out on a month-to-month basis. The property is nestled on nearly 4 acres under a canopy of old Florida charm, this one-of-a-kind property features a 3bd/2ba main residence, 4 architecturally charming A-frame 2bd/2ba cottages, and a multi unit apartment building with two units that are 1bd/1ba and one unit that’s a 2bd/1ba. All grandfathered under ARR zoning. The grounds are thoughtfully designed to offer both privacy and community, including a screened–in saltwater pool (new pump and recently resurfaced), garden pathways, shaded gathering areas, and plenty of parking. Just a stones throw away from the public boat ramp to crooked lake, where your guests or tenants can enjoy year round, boating, kayaking, and world class fishing. There’s also an Internet tower for fast Internet, property wide water softener system, a Generac generator for the apartment building, two large sheds, 6 smaller storage sheds, large chicken coop with run, fruit trees including mango, starfruit, cherry, lemon, lychee, pomegranate, banana, and numerous other young fruit trees. The main home was built in 2015 has a metal roof, carport, two open porches, and comes furnished including washer and dryer. All 4 A-frame cottages have new metal roofs as of April 2025 and all new HVAC systems. The 2/1 apartment also has a huge bonus room with a loft and a private laundry room (which could be turned into a 4th unit). But that’s not all there’s also a RV 30 amp hook up (with ample space for up to 9+ more) envisioning the potential for 10+ oversized RV pads, this property combines existing cash flow with development upside potential. This property is not just a residence or average income producer – it’s a flexible income–generating resort with limitless potential:think short-term vacation rentals, wellness retreats, church camps, rehabilitation centers, RV expansion, corporate rentals, live + earn model, or multigenerational living.

Property Details for 701 KEEN ROAD, FROSTPROOF, FL 33843

Interior Features
Accessibility Features, Ceiling Fan(s)
Heating
Central
Cooling
Central Air
Pool Features
In Ground, Salt Water, Screen Enclosure
Pool Private
Yes

Building Information for 701 KEEN ROAD, FROSTPROOF, FL 33843

Building Area Units
Square Feet
Association
No

Property Information for 701 KEEN ROAD, FROSTPROOF, FL 33843

Lot Size Square Feet
172,206
Waterfront
No
View
Water
Construction Materials
Stucco, Vinyl Siding
Roof
Metal
Exterior Features
Outbuilding, Private Mailbox
Sewer
Septic Tank
Water Source
Well
New Construction
No

Public Records for 701 KEEN ROAD, FROSTPROOF, FL 33843

Parcel Number
273125000000031020
Tax Annual Amount
$11,329
Tax Year
2024
Tax Legal Description
BEG NW COR OF SEC RN S 01 DEG 22 MIN 56 SEC E ALONG W SEC LINE 426 FT E 1233.13 FT TO POB RUN N 377.17 FT S 76 DEG 48 MIN 26 SEC E 556.59 FT S 253.23 FT W 545 FT TO POB
Zoning
XX
County Or Parish
Polk

Payment Calculator

Estimated Payment
$8,862/mo
Principal & Interest
$7,206
Property Taxes
$944
Home Insurance
$712

Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.

Location

701 KEEN ROAD, FROSTPROOF, FL 33843 · See all Frostproof homes for sale

More information about 701 KEEN ROAD, FROSTPROOF, FL 33843

701 KEEN ROAD is a multi-family home for sale in FROSTPROOF, FL 33843. This property was listed for sale on September 15, 2025 by KELLER WILLIAMS REALTY SMART, it's currently listed at $1,424,999. This listing's school district is Polk Public Schools. 701 KEEN ROAD is a 15-bed, 13-bath, 5,908 sqft multi-family home built in 1971.