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    Frostproof, FL
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    Babson Park, FL Ocala, FL Avon Park, FL Lake Wales, FL Fort Meade, FL Indian Lake Estates, FL Bartow, FL Kissimmee, FL
    Multi-Unit Income Property
    Updated: Sep 15, 2025
    Multi-Unit Income Property

    701 KEEN Road, Frostproof, FL 33843

    $1,424,999
    5,908 sqft 3.95 AC lot
    Multi‑unit rental property with 8 total units, currently rented on a month‑to‑month basis
    Nearly 4 acres with a 3BR/2BA main residence plus 4 A‑frame 2BR/2BA cottages and a 3‑unit apartment building (1BR/1BA x2, 2BR/1BA x1)
    Screened‑in private saltwater pool with new pump and recently resurfaced finish
    Utilities and power include well water, septic tank, and a Generac generator for the apartment building
    Internet tower for fast internet; property wide water softener system
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    This listing looks promising.

    Here's a quick look at some key insights for

    701 KEEN Road, FROSTPROOF, FL 33843

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    • Est. Cap Rate

      3.9%
      NOI ÷ price

    • Est. NOI

      $56K
      Annual

    • Price @ 7% Cap

      $799K
      Suggested

    • Property Type

      Single Family Residence
      Built 1971
    View Property Analytics
    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.
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Frostproof, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Renovated Duplex with Private Patios
    Renovated Duplex with Private Patios

    907 N WABASH AVE, Lakeland, FL 33815

    $279,000
    1,480 sqft 0.20 AC lot

    Two fully renovated homes on one lot, each with its own private patio and dedicated driveway parking space.

    View details
    Move-In Ready Single-Family Residence
    Move-In Ready Single-Family Residence

    1436 SHIRLEY Drive, Lakeland, FL 33810

    $260,000
    1,256 sqft 0.12 AC lot

    3-bedroom, 2-bath home with wood-look tile, walk-in closets, and a fully fenced backyard.

    View details
    Three-Story Townhome-Style Multifamily
    Three-Story Townhome-Style Multifamily

    183 PEGASUS Street, Davenport, FL 33837

    $4,654,000
    17,600 sqft 0.05 AC lot

    Under construction three-story multifamily with eight townhome-style units and resort-style amenities.

    View details
    Spacious Pool Home in Solterra
    Spacious Pool Home in Solterra

    1758 Oak Blossom Dr, Davenport, FL 33837

    Contact for pricing
    6,542 sqft

    6,542 sq ft pool home with high-yield rental potential.

    View details

    Frostproof, FL Short Term Rental Properties Market Trends and Statistics

    Explore 2 short term rental properties 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 $2,849,998.

    Sale prices for short term rental properties in Frostproof, FL average $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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Short term rental properties 2

    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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