To schedule a showing of 701 Keen Road, Frostproof, Florida, Call David Shippey at 863-521-4517 TODAY!

$1,424,999 No Recent Price Change
701 Keen Road
Frostproof, FL 33843
  • 15Beds
  • 13.00Total Baths
  • 0 Full, 0 HalfBaths
  • 5,908SqFt
  • 1971Year Built
  • 3.95Acres
  • MLS# L4955855
  • Income
  • MultiFamily
  • Active

  • Approx Time on Market8 months, 30 days
  • Area33843 - Frostproof
  • CountyPolk
  • Subdivision Crooked Lake

Overview

Heres the opportunity youve 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 thats 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. Theres 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 thats not all theres 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 - its 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.



Agriculture / Farm

Association Fees / Info

Community Features:  Pool

Bathroom Info

Total Baths:  13.00

Building Info

Roof:  Metal

Buyer Compensation

Exterior Features

Pool Features:  InGround, ScreenEnclosure, SaltWater, Community

Pool Private:  Yes

Exterior Features:  OutBuildings

Fees / Restrictions

Financial

Original Price:  $1,999,000

Garage / Parking

Carport:  Yes

Car Ports:  2

Green / Env Info

Interior Features

Laundry Features:  Inside, LaundryRoom

Interior Features:  CeilingFans

Lot Info

Direction Remarks:  From US Highway 27 S to left onto 630A to left onto Keen Rd. Home is located on the left.

Lot Size Units:  Acres

Lot Size Acres:  3.95

Lot Sqft:  172,206

Misc

Other

Other Structures:  Sheds, Storage, Outbuilding

Special Conditions:  None

Other Rooms Info

Property Info

Section:  25

Class Type:  MultiFamily

Construction Materials:  Stucco, VinylSiding

Accessibility:  AccessibilityFeatures

Foundation:  Slab

Human Modified:  Yes

Sqft Info

Sqft:  5,908

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,024

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

Tax Annual Amount:  11328.93

Tax Book Number:  P-81

Unit Info

Total Units:  8

Utilities / Hvac

Heating:  Central

Water Source:  Well

Sewer:  SepticTank

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  ElectricityConnected

Waterfront / Water

Waterfront Features:  LakePrivileges

View:  Yes

Water Body Name:  LITTLE CROOKED LAKE

View:  Lake, Water

Directions

From US Highway 27 S to left onto 630A to left onto Keen Rd. Home is located on the left.

This listing courtesy of Keller Williams Realty Smart 

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On davidshippey.com since Mon, Sep 15th 2025
No Property History recorded for this listing.

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If you have any questions on 701 Keen Road, Frostproof, Florida, please call David Shippey at 863-521-4517.


MLS# L4955855 located at 701 Keen Road, Frostproof, Florida is brought to you by David Shippey REALTOR®

701 Keen Road, Frostproof, Florida has 15 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 701 Keen Road, Frostproof, Florida is L4955855.
The price for 701 Keen Road, Frostproof, Florida is $1,424,999.
The status of 701 Keen Road, Frostproof, Florida is Active.
The subdivision of 701 Keen Road, Frostproof, Florida is Crooked Lake.
The home located at 701 Keen Road, Frostproof, Florida was built in 2026.