Property
ActiveIncome
1/60
$1,424,999

701 KEEN ROAD

Frostproof, FL 33843
15
Beds
13
Baths
5,908
SqFt
3.95
Acres
STELLAR
#L4955855
Updated: Mar 17, 2026, 11:38am

Property Description

Here’s the opportunity you’ve been waiting for, a rare multi-unit income producing property! There are 8 units total, currently being rented out on a month-to-month basis. The property is nestled on nearly 4 acres under a canopy of old Florida charm, this one-of-a-kind property features a 3bd/2ba main residence, 4 architecturally charming A-frame 2bd/2ba cottages, and a multi unit apartment building with two units that are 1bd/1ba and one unit that’s a 2bd/1ba. All grandfathered under ARR zoning. The grounds are thoughtfully designed to offer both privacy and community, including a screened–in saltwater pool (new pump and recently resurfaced), garden pathways, shaded gathering areas, and plenty of parking. Just a stones throw away from the public boat ramp to crooked lake, where your guests or tenants can enjoy year round, boating, kayaking, and world class fishing. There’s also an Internet tower for fast Internet, property wide water softener system, a Generac generator for the apartment building, two large sheds, 6 smaller storage sheds, large chicken coop with run, fruit trees including mango, starfruit, cherry, lemon, lychee, pomegranate, banana, and numerous other young fruit trees. The main home was built in 2015 has a metal roof, carport, two open porches, and comes furnished including washer and dryer. All 4 A-frame cottages have new metal roofs as of April 2025 and all new HVAC systems. The 2/1 apartment also has a huge bonus room with a loft and a private laundry room (which could be turned into a 4th unit). But that’s not all there’s also a RV 30 amp hook up (with ample space for up to 9+ more) envisioning the potential for 10+ oversized RV pads, this property combines existing cash flow with development upside potential. This property is not just a residence or average income producer – it’s a flexible income–generating resort with limitless potential:think short-term vacation rentals, wellness retreats, church camps, rehabilitation centers, RV expansion, corporate rentals, live + earn model, or multigenerational living.
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Property Details

Highlights
View
Yes
Interior
Cooling
Central Air
Heating
Central
Interior Features
Accessibility FeaturesCeiling Fan(s)
Laundry Features
InsideLaundry Room
Living Area
5908
Construction
Building Area Units
Square Feet
Construction Materials
StuccoVinyl Siding
Foundation Details
Slab
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
8
Roof
Metal
Year Built
1971
Site & Exterior
Additional Water Information
Public boat ramp located diagonally across the street. Crooked Lakea spring fed highly desirable certified FloridaOutstanding Water-only one in Polk county
Carport Spaces
2
Covered Spaces
2
Exterior Features
OutbuildingPrivate Mailbox
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
3.95
Lot Size Area
3.9533
Lot Size Square Feet
172206
Lot Size Units
Acres
Other Structures
Shed(s)Storage
Pool Features
In GroundSalt WaterScreen Enclosure
Public Survey Range
27
Public Survey Section
25
Road Surface Type
Asphalt
Sewer
Septic Tank
Total Acreage
2 to less than 5
Utilities
Electricity ConnectedEmergency Power
View
Water
Water Access
Yes
Water Body Name
LITTLE CROOKED LAKE
Water Source
Well
Water View
Yes
Zoning
XX
Financials
Calculated List Price By Calculated Sq Ft
241.2
Contract Status Change Date
2025-09-15
Current Price
1424999
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Minimum
Ownership
Fee Simple
Parcel Number
273125000000031020
Public Survey Township
31
Tax Annual Amount
11328.93
Tax Book Number
P-81
Tax Legal Description
BEG NW COR OF SEC RN S 01 DEG 22 MIN 56 SEC E ALONG W SEC LINE 426 FT E 1233.13 FT TO POB RUN N 377.17 FT S 76 DEG 48 MIN 26 SEC E 556.59 FT S 253.23 FT W 545 FT TO POB
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
Community Features
Pool
M L S Area Major
33843 - Frostproof
Subdivision Name
CROOKED LAKE
Listing provided courtesy of STELLAR via IDX. Updated: Mar 17, 2026, 11:38am.
Mindy Russo

Listing Agent

KELLER WILLIAMS REALTY SMART

Call Agent