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Multi family home for sale at 701 Keen Rd, Frostproof, FL 33843 | MLS# L4955855 | Listing updated on 2026-09-16
Photo 1 of Multi family home for sale at 701 Keen Rd, Frostproof, FL 33843 | MLS# L4955855 | Listing updated on 2026-09-16
Photo 2 of Multi family home for sale at 701 Keen Rd, Frostproof, FL 33843 | MLS# L4955855 | Listing updated on 2026-09-16
Photo 3 of Multi family home for sale at 701 Keen Rd, Frostproof, FL 33843 | MLS# L4955855 | Listing updated on 2026-09-16
Photo 4 of Multi family home for sale at 701 Keen Rd, Frostproof, FL 33843 | MLS# L4955855 | Listing updated on 2026-09-16
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$1,424,999

Monthly Est:$7,093

  • Beds Icon15 Beds
  • Beds Icon
    13 Baths
  • Beds Icon5,908sqft

701 Keen Rd, Frostproof, FL 33843

$7,093/moEst:

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  • Multi Family

  • Built in 1971

  • $-- HOA

  • 3.95 acres lot

  • $241/sq.ft

Description

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.

  • Houzeo last checked: 12 minutes ago
  • Listing updated: September 16, 2026 at 10:54 pm
  • Listing Provided by: Mindy Russo (863) 812-1294 , John Carter | KELLER WILLIAMS REALTY SMART (863) 577-1234
  • Source: Stellar MLS-FL | MLS#: L4955855 Stellar MLS-FL

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Building
701 Keen Rd
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Polk County

  • City

    Frostproof

  • Neighborhood

    --

  • Year Built

    1971

  • HOA Fees

    -

  • Finished Area

    5,908 sqft

  • Lot Size

    3.95 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Stellar MLS

  • MLS Number

    L4955855

  • MLS Status

    Active

  • Days on Market

    387

  • Cumulative Days on Market

    359

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 15

    Bathrooms: 13

Interior

  • Exterior Features

    Outbuildings, Private Mailbox

  • Cooling

    Central Air

  • Heating

    Central

  • Sewer

    Septic Tank

  • Interior Features

    Accessibility Features, Ceiling Fans(s)

Construction

  • Year Built

    Year Built: 1971

  • Home type

    Multi Family

  • Construction Materials

    Stucco, Vinyl Siding

  • Foundation Details

    Slab

  • Roof

    Metal

Utilities & Energy

  • Water Source

    Well

  • Pool Features

    In Ground, Salt Water, Screen Enclosure

  • Utilities

    Electricity Connected, Emergency Power

  • Laundry Features

    Inside, Laundry Room

Other Features

  • Community Features

    Pool

  • Subdivision Name

    Crooked Lake

Price History

DateEventPrice

03/17/2026

Source: mls_logoStellar MLS-FL #MFRL4955855

Listed for Sale

$1,424,999 -5.00%

$241/sqft

03/16/2026

Source: mls_logoStellar MLS-FL #MFRL4955855

Listing Removed

$1,499,999

$254/sqft

01/10/2026

Source: mls_logoStellar MLS-FL #MFRL4955855

Price Decreased

$1,499,999 -11.76%

$254/sqft

01/09/2026

Source: mls_logoStellar MLS-FL #MFRL4955855

Listed for Sale

$1,699,999

$288/sqft

01/04/2026

Source: mls_logoStellar MLS-FL #MFRL4955855

Pending

$1,699,999

$288/sqft

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Based on information from Stellar MLS® through Oct 08, 2026, 07:00AM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.

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