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701 KEEN ROAD Frostproof, FL 33843

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For Sale
$1,424,999

Multi-Family 5+ - FROSTPROOF, FL

Property size:
5,908 SF
Lot size:
3.95 Acres
Added:
Sep 15, 2025
Days on Market:
199
Last Refresh:
Apr 1 at 11:06 am

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

TaxYear
2024
TaxAnnualAmount
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

We can help!

Listing Contact
Mindy Russo
Mindy Russo

Listing agent Mindy Russo License #3320423

Listing office KELLER WILLIAMS REALTY SMART 218 E. Pine Street, Lakeland, FL

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.


Overview

Income-Generating Multi-Unit Property

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 ...

Suggested Use

Restaurant Gym & Fitness Center Hotel & Motel Skin Care Clinic Garden Center Bed & Breakfast

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Frostproof
County
Polk
State
Florida
Longitude
-81.5760567
Latitude
27.7619883

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.
More about this property
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