Ad #7430801
MLS #L4955855
Here's the opportunity you've been waiting for, a rare
701 KEEN Rd, Frostproof, Florida, 33843
$1,424,999
15Beds
13Baths
5,908Sqft
3.950Acres
About this property
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.
Property Features
15 Beds
13 Baths
5,908 Sqft
Built in 1971
3.950 Acres
Siding: Stucco, Vinyl Siding
Metal Roof
Has Swimming Pool
Central
$11,329 / yr property tax
Polk County
CROOKED LAKE Community
Additional Photos
Contact Information
Mindy Russo
Smart Realty of Polk Inc dba Keller Williams Realty
863-812-1294
Location
Listing Agent: Mindy Russo 863-812-1294
Broker: Smart Realty of Polk Inc dba Keller Williams Realty 863-577-1234 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Smart Realty of Polk Inc dba Keller Williams Realty 863-577-1234 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Jul 24, 2026
Photo Gallery
$1,424,999
15
Beds
13
Baths
5,908
Sqft
701 KEEN Rd, Frostproof, Florida, 33843
By contacting this agent you agree to these Terms and Conditions.
MLS# L4955855
Here's the opportunity you've been waiting for, a rare
$1,424,999
701 KEEN Rd, Frostproof, Florida, 33843
15
Beds
13
Baths
5,908
Sqft
3.950
Acres
$1,424,999
701 KEEN Rd, Frostproof, Florida, 33843
15 Beds
13 Baths
5,908 Sqft
3.950 Acres
Accessibility Features
Accessible Approach with Ramp
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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Property Details
HOME DETAILS
15 Beds
13 Baths
5,908 Sqft
Built in 1971
3.950 Acres
EXTERIOR
Siding: Stucco, Vinyl Siding
Metal Roof
Has Swimming Pool
INTERIOR
Central
FINANCIAL & COMMUNITY
$11,329 / yr property tax
Polk County
CROOKED LAKE Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7430801
Viewed
3 times
Listing Status
Active
Added
Mar 17, 2026
Last Refresh
Jul 24, 2026 04:01:17 PM
Listing Information
Data Source
Stellar MLS
Source Property ID
L4955855
Listing Agent: Mindy Russo 863-812-1294
Broker: Smart Realty of Polk Inc dba Keller Williams Realty 863-577-1234 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Smart Realty of Polk Inc dba Keller Williams Realty 863-577-1234 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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