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701 Keen Road

FROSTPROOF, FL 33843
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Bed 15

Bed

Bath 13

Bath

SqFt5,908

Sqft

Acres3.95

Acres(Lot)

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 guest s 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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Detail Ic Property Details

Property Type : Residential Income

Price : $1,424,999

AD Id : 72232922

MLS Id : MFRL4955855

Beds : 15

Lot Size : 3.95 Acres

Living Area Size : 5,908

Year Built : 1971

County : Polk

Subdivision: Crooked Lake

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Feature Features

  • Bedroom Information

    Total Bedroom: 15

    Bathroom Information

    Total Baths: 13

    Interior Features

    Accessibility Features, Ceiling Fans(s) Roof: Metal Laundry Features: Inside, Laundry Room

    Roofing Information

    Metal
  • Flooring Information

    Construction Materials: Stucco, Vinyl Siding
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Well

  • Building Information

    Year Built: 1971
  • Exterior Features

    Outbuildings, Private Mailbox Construction Materials: Stucco, Vinyl Siding Foundation Details: Slab
  • Pool Features

    Private Pool: 1 In Ground, Salt Water, Screen Enclosure

  • Lot Information

    Lot Square Feet: 172206 Lot Acres: 3.95 Lot Size (SqMt): 15998

    Property Information

    Property Type: Residential Income Sub Type: Multi-Family 5+

  • Listing Price Information

    Original List Price:$1999000

  • Tax Information

    Tax Book Number: P-81 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 Annual Tax: $11328.93 Tax Year: 2024 Parcel Number: 27-31-25-000000-031020

  • Utility Information

    Electricity Connected, Emergency Power Sewer: Septic Tank Water Source: Well
  • Location Information

    Subdivision: CROOKED LAKE City: FROSTPROOF Direction: From US Highway 27 S to left onto 630A to left onto Keen Rd. Home is located on the left.
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ByOwner last updated this listing 06/10/2026 @ 06:20

MLS: MFRMLS #L4955855 LISTED BY: Mindy Russo, KELLER WILLIAMS REALTY SMART 863-577-1234 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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