Income-Generating Multi-Unit
701 KEEN ROAD, Frostproof, FL 33843
Multi-Family 5+ - FROSTPROOF, FL
Property size:
5,908 SFLot size:
3.95 AcresPrice / SF:
$241/SF- Added:
- Sep 15, 2025
- Days on Market:
- 246
- Last Refresh:
- May 18 at 1:06 pm
Property Features for 701 KEEN ROAD
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- XX
- Bedrooms
- 15
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Carport
- Pool private
- 1
- Interior features
- Accessibility Features, Ceiling Fans(s)
- Exterior features
- Outbuildings, Private Mailbox, Pool
- Standard status
- Active
- APN
- 27-31-25-000000-031020
- Size
- 5,908 SF
- Lot size
- 3.95 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 11328.93
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1971
- Number of units
- 8
- Building materials
- Stucco, Vinyl Siding
- Roof type
- Metal
- Architectural style
- Other
- Additional Structures
- Outbuilding
Listing agent Mindy Russo License #3320423 (863) 812-1294
Listing office KELLER WILLIAMS REALTY SMART 218 E. Pine Street, Lakeland, FL (863) 577-1234
Listing date Sep 15, 2025
MLS# L4955855
Listing URL
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.
HighLights
- 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.
- Includes amenities such as an Internet tower, property‑wide water softener, Generac generator for the apartment building, sheds, chicken coop, and various fruit trees.
Overview
This multi-unit income-producing property features a total of 8 units, currently rented on a month-to-month basis. Situated on nearly 4 acres, the property includes a 3-bedroom, 2-bathroom main residence, four architecturally distinct A-frame cottages each with 2 bedrooms and 2 bathrooms, and a multi-unit apartment building containing two 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit. The grounds are designed to offer privacy and community, featuring a screened saltwater pool with a new pump and recently resurfaced, garden pathways, shaded gathering areas, and ample parking. The property is located near the public boat ramp to Crooked Lake. Additional features include an Internet tower, a property-wide water softener system, a Generac generator for the apartment building, two large sheds, six smaller storage sheds, a large chicken coop with run, and fruit trees including mango, starfruit, cherry, lemon, lychee, pomegranate, and banana. The main home, built in 2015, has a metal roof, carport, two open porches, and comes furnished including a washer and dryer. All four A-frame cottages will have new metal roofs as of April 2025 and all new HVAC systems. The 2-bedroom, 1-bathroom apartment also has a bonus room with a loft and a private laundry room. There is also an RV 30 amp hook up. The property is zoned ARR and offers potential for short-term vacation rentals, wellness retreats, church camps, rehabilitation centers, RV expansion, corporate rentals, or multi-generational living.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Frostproof
- County
- Polk
- State
- Florida
- Longitude
- -81.5760567
- Latitude
- 27.7619883
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Rare multi-unit property on nearly 4 acres in Frostproof.
Where is this apartment building located?
The property is located at 701 KEEN ROAD Frostproof, FL.
What is the asking price?
The asking price for this property is $1,424,999.
What are key features of this property?
This property features: 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.
