- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
$1,424,999
Monthly Est:$7,093
15 Beds
- 13 Baths
5,908sqft
701 Keen Rd, Frostproof, FL 33843
$1,424,999
$7,093/moEst:
Get Pre-Approved
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

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
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

Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
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
| Date | Event | Price |
|---|---|---|
03/17/2026 Source: | Listed for Sale | $1,424,999 -5.00% $241/sqft |
03/16/2026 Source: | Listing Removed | $1,499,999 $254/sqft |
01/10/2026 Source: | Price Decreased | $1,499,999 -11.76% $254/sqft |
01/09/2026 Source: | Listed for Sale | $1,699,999 $288/sqft |
01/04/2026 Source: | Pending | $1,699,999 $288/sqft |
Show more
Find Homes by Property Features in Frostproof, FL
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.
Advertising Broker: Fred McGill | Simple Showing, Inc




