701 KEEN ROAD, Frostproof, FL 33843

  • $1,424,999
  • $1,499,999

Overview

Property ID: L4955855
  • Multi-Family 5+, Residential Income
  • Property Type
  • 15
  • Bedrooms
  • 13
  • Bathrooms
  • 1971
  • Year Built

Description

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.

  • Address: 701 KEEN ROAD
  • City: Frostproof
  • State/county: FL
  • Zip/Postal Code: 33843
  • Area: CROOKED LAKE
  • Country: US

Details

Updated on March 17, 2026 at 1:05 pm
  • Property ID L4955855
  • Price $1,424,999
  • Land Area 3.95 Acres
  • Bedrooms 15
  • Bathrooms 13
  • Garage Size x x
  • Year Built 1971
  • Property Type Multi-Family 5+, Residential Income
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash,Conventional
  • Roof Metal
  • Utilities Electricity Connected,Emergency Power
  • Sewer Septic Tank
  • Cooling Central Air
  • Heating Central
  • County Polk
  • Property Type Residential Income
  • Pool In Ground,Salt Water,Screen Enclosure
  • Community Features Pool

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