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    Babson Park, FL Lake Wales, FL Fort Meade, FL
    Income-Generating Multi-Unit Property
    Updated: Sep 15, 2025
    Income-Generating Multi-Unit Property

    701 KEEN ROAD, Frostproof, FL 33843

    $1,424,999
    5,908 sqft · 3.95 AC lot
    Multi‑unit income property featuring 8 units: a 3bd/2ba main residence, four 2bd/2ba A‑frame cottages, and a multi‑unit apartment building.
    Situated on nearly 4 acres with 'Old Florida charm', garden pathways, shaded gathering areas, and ample parking.
    Enjoy the screened‑in saltwater pool (new pump, recently resurfaced) and easy access to Crooked Lake.
    Four A‑frame cottages boast new metal roofs (April 2025) and new HVAC systems.
    RV 30 amp hook up with space for 9+ more RV pads, offering development potential.
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    Unique Multi-Unit Income Property
    Updated: Mar 10
    Unique Multi-Unit Income Property

    701 KEEN Rd, Frostproof, FL 33843

    $1,424,999
    3.95 AC lot
    Multi‑unit income property featuring 8 units, including a main residence, A‑frame cottages, and an apartment building.
    Nearly 4 acres of land offering old Florida charm with garden pathways and shaded gathering areas.
    Enjoy the screened‑in saltwater pool with new pump and resurfaced finish.
    Close to public boat ramp for Crooked Lake, perfect for boating and fishing.
    A‑frame cottages boast new metal roofs (April 2025) and new HVAC systems.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Frostproof, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Lakefront Multi-Family Income Property
    Lakefront Multi-Family Income Property

    1854 HIGHLAND PARK DRIVE S, Lake Wales, FL 33898

    $799,000
    4,264 sqft · 0.99 AC lot

    Unique lakefront 6-unit income property in Highland Park, Florida.

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    Lakefront 6-Unit Income Property
    Lakefront 6-Unit Income Property

    1854 Highland Park Drive S #A-F, Lake Wales, FL 33898

    $799,000
    4,264 sqft · 1.00 AC lot

    Lakefront 6-unit property on one acre in Highland Park.

    View details
    Bank Building with Redevelopment Potential
    Bank Building with Redevelopment Potential

    2 W MAIN STREET, Avon Park, FL 33825

    $899,900
    8,566 sqft · 0.87 AC lot

    Two-story bank building suitable for apartments, coffee shop, or retail.

    View details
    Two-Story Bank Building For Sale
    Two-Story Bank Building For Sale

    2 W Main Street, Avon Park, FL 33825

    $899,900
    10,966 sqft · 1.00 AC lot

    10,966 SF bank building on a hard corner lot.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Lot in Treasure Island
    Waterfront Lot in Treasure Island

    141 104TH AVENUE, Treasure Island, FL 33706

    $2,225,000
    0.34 AC lot

    Waterfront lot zoned for multifamily residential use in Treasure Island.

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    Prime Miami Development Opportunity
    Prime Miami Development Opportunity

    2801 NW 102nd St, Miami, FL 33165

    $4,350,000
    0.96 AC lot

    Rare 1-acre parcel in Miami, pre-approved for 80+ units.

    View details
    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft · 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details

    Frostproof, FL Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Frostproof, FL on our real estate platform. These investment opportunities span a total of 5,908 square feet of properties for sale, with an estimated market value of $1,424,999.

    Sale prices for two-family homes in Frostproof, FL start at $1,424,999, averaging $1,424,999, and reaching up to $1,424,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 11K
    Population Growth (5Y) -0.6%
    Median Household Income $51,358
    College Educated 21.1%

    High-Yield Neighborhoods for Investment

    Identify Frostproof submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33843 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.31%
    Property Tax per SF $33.50 per SF
    Tax Rate vs County Average 0.26 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

    Total CRE Inventory on Market (SF)

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