For SaleResidential IncomeActive
701 Keen Road
Frostproof, FL 33843
$1,424,999
417 Days On Site
- 15Beds
- 13Baths
- 5,908Sq Ft
- $241Per Sq Ft
- 3.95Acres
- 1971Built
- Subdivision
- Crooked Lake
- County
- Polk
- MLS®
- L4955855
Overview
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.
Listing Snapshot
- Price
- $1,424,999
- Days On Site
- 417 Days
- Bedrooms
- 15
- Inside Area (SqFt)
- 5,908 sqft
- Total Baths
- 13
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 3.95 Acres
- Year Built
- 1971
- MLS® Number
- L4955855
- Status
- Active
- Property Tax
- $11,328.93 (2024)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Public Records
Property Details
General Features
7 items
- Acres
- 3.95
- Carport
- 2
- Foundation
- Slab
- Sewer
- Septic Tank
- Utilities
- Electricity Connected
- Water Source
- Private, Well
- Zoning
- XX
Interior Features
3 items
- Cooling
- Central Air
- Heating
- Central
- Laundry Features
- Inside, Laundry Room
Exterior Features
8 items
- Construction Details
- Stucco, Vinyl Siding
- Other Structures
- Shed(s), Storage
- Pool Features
- In Ground, Salt Water, Screen Enclosure, Private
- Private Pool
- Yes
- Roof
- Metal
- View
- Lake, Water
- Waterfront Features
- Lake Privileges
- Waterview
- Lake, Water
Community Features
5 items
- Community Features
- Pool
- MLS Area
- 33843 - Frostproof
- Township
- 31
- Financing Terms Available
- Cash, Conventional
- Roads
- Asphalt
Location
701 Keen Road, Frostproof, FL 33843 · 33843 - Frostproof
Neighborhood & Commute
ZIP Code 33843
- Median household income
- $50,024
- Income per person
- $25,786
- Households
- 5,106
- Average household size
- 2.33
- Median age
- 50.8
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Status changed to Active
- Price changed to $1,424,999
- Listing first seen on site







