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    701 KEEN Rd, Frostproof, FL 33843

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    For Sale
    $1,424,999

    Income-producing property with main residence, cottages, and apartment building.

    Type:Investment
    Lot size:
    3.95 Acres
    Added:
    Mar 10, 2026
    Days on Market:
    121
    Last Refresh:
    Jul 3 at 12:40 am

    Property Features for 701 KEEN Rd

    General Information

    Standard status
    Active
    Lot size
    3.95 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    1971

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    John Carter
    John Carter

    Listing office Smart Realty of Polk Inc dba Keller Williams Realty

    Listing date Mar 10, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Smart Realty of Polk Inc dba Keller Williams Realty

    HighLights

    • 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.
    • Potential for RV expansion with existing 30 amp hookup and space for 9+ additional RV pads.

    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 built in 2015 with a metal roof, carport, and two open porches, which comes furnished including a washer and dryer. There are also four architecturally distinct A-frame 2-bedroom, 2-bathroom cottages, and a multi-unit apartment building containing two 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit. The 2-bedroom apartment has a bonus room with a loft and a private laundry room. The grounds are designed with privacy and community in mind, featuring a screened saltwater pool, garden pathways, shaded gathering areas, and parking. Amenities include an internet tower, a property-wide water softener system, a Generac generator for the apartment building, two large sheds, six smaller storage sheds, and a large chicken coop. There are also fruit trees, including mango, starfruit, cherry, lemon, lychee, pomegranate, and banana. All four A-frame cottages will have new metal roofs as of April 2025 and all new HVAC systems. There is also an RV 30 amp hook up. The property is zoned ARR and is located near a public boat ramp to Crooked Lake. Potential uses include short-term vacation rentals, wellness retreats, church camps, rehabilitation centers, RV expansion, corporate rentals, a live + earn model, or multi-generational living.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Frostproof
    County
    Polk
    State
    Florida
    Longitude
    -81.5761
    Latitude
    27.762

    FAQs

    What type of property is this?
    Apartment building - Income-producing property with main residence, cottages, and apartment building.
    Where is this apartment building located?
    The property is located at 701 KEEN Rd 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, 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.
    More about this property
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