701 Keen Road, FROSTPROOF, FL

$1,999,000

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15

Beds

13

Baths

5,908

Square feet

3.95

Acres

About 701 Keen Road

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.

Features of 701 Keen Road

MLS® # L4955855
Price $1,999,000
Bedrooms 15
Bathrooms 13.00
Square Footage 5,908
Acres 3.95
Year Built 1971
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 701 Keen Road
Area Frostproof
Subdivision CROOKED LAKE
City FROSTPROOF
County Polk
State FL
Zip Code 33843

Amenities

View Water
Is Waterfront No
Has Pool Yes

Interior

Interior Features Accessibility Features, Ceiling Fan(s)
Heating Central
Cooling Central Air
Fireplace No

Exterior

Exterior Features Outbuilding, Private Mailbox
Roof Metal
Foundation Slab

Additional Information

Date Listed September 15th, 2025
Days on Market 21
Zoning XX
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKELLER WILLIAMS REALTY SMART

Listing Map

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