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$1,799,999
53 Days On Site

701 KEEN ROAD
FROSTPROOF, FL 33843

For Sale|Multi Family|Active
15
Beds
13
Total Baths
5,908
SqFt
$305
/SqFt
1971
Built
Subdivision:
CROOKED LAKE
County:
Polk
Call Now: 407.513.4257
Is this the listing for you? We can help make it yours.
407.513.4257
701 KEEN ROAD701 KEEN ROAD701 KEEN ROAD701 KEEN ROAD
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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.

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Listing Snapshot
Price 
$1,799,999
Days On Site 
53 Days
Bedrooms 
15
Inside Area (SqFt) 
5,908 sqft
Total Baths 
13
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
3.95 Acres
Year Built 
1971
MLS® Number 
L4955855
Status 
Active
Property Tax 
$11,328.93
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoPrice changed to $1,799,999
2 months agoListing first seen on site
General Features
Acres 
3.95
Carport 
2
Foundation 
Slab
Property Sub Type 
Multi Family
Sewer 
Septic Tank
Utilities 
Electricity Connected
Water Source 
PrivateWell
Zoning 
XX
Interior Features
Cooling 
Central Air
Heating 
Central
Laundry Features 
InsideLaundry Room
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Exterior Features
Construction Details 
StuccoVinyl Siding
Other Structures 
Shed(s)Storage
Pool Features 
In GroundSalt WaterScreen EnclosurePrivate
Private Pool 
Yes
Roof 
Metal
View 
LakeWater
Waterfront Features 
Lake Privileges
Waterview 
LakeWater
Community Features
Community Features 
Pool
Financing Terms Available 
CashConventional
MLS Area 
33843 - Frostproof
Roads 
Asphalt
Township 
31
Listing courtesy of KELLER WILLIAMS REALTY SMART 8638121294



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-11-07 09:05 PM EST

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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