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.
Property Details
Price:
$1,424,999
MLS #:
L4955855
Status:
Active
Beds:
15
Baths:
13
Type:
Multi Family
Subdivision:
CROOKED LAKE
Neighborhood:
33843frostproof
Listed Date:
Sep 15, 2025
Finished Sq Ft:
5,908
Lot Size:
172,206 sqft / 3.95 acres (approx)
Year Built:
1971
Units:
8
See this Listing
Schools
Interior
Cooling
Central Air
Heating
Central
Laundry Features
Inside, Laundry Room
Exterior
Community Features
Pool
Construction Materials
Stucco, Vinyl Siding
Exterior Features
Outbuilding, Private Mailbox
Other Structures
Shed(s), Storage
Roof
Metal
Financial
Tax Year
2024
Taxes
$11,329
Map
Community
- Address701 KEEN ROAD FROSTPROOF FL
- SubdivisionCROOKED LAKE
- CityFROSTPROOF
- CountyPolk
- Zip Code33843
Subdivisions in FROSTPROOF
- 00000
- ACREAGE
- B & B LNDG
- BAY VIEW PARK SUB
- BEAR BAY HILL ESTATES
- BLUE JORDAN FOREST
- BLUE JORDAN FOREST ASSOCIATION
- BLUE JORDAN HEIGHTS
- CAMPER & FLOOD SUB
- CARSONS ADD
- CENTRAL LK ESTS SOUTH
- CENTRAL RIDGE ESTATES
- CLINCH WOOD
- CLINCHWOOD A REP
- CODYS FROSTPROOF HOMESITES SUB
- COMMERCIAL HIGHLANDS EAST
- CROOKED LAKE
- DAVIS E N SUB
- FLOOD & CARSONS SUB
- FROSTPROOF
- FROSTPROOF IN US
- FROSTPROOF RESUB
- GARDNER & KITTELL ADD
- HALL ESTATE SUB
- HARLESS LAVINIA H SUB
- HIGHLANDS WEST
- INDIAN LAKE ESTATES
- LAKE CALOOSA BANANA CORP 01
- LAKE CALOOSA LANDING PH 02
- LAKE CALOOSA LANDING PH 04
- LAKE HILLS ADD 02
- LAKE MOODY ESTATES
- LAKE REEDY
- LAKE REEDY COVE
- LAKE REEDY HILLS UNIT #1
- LAKE SIDE TERRACE
- LAKEVIEW MEADOWS
- LANTANA SUB
- LILY LAKE GOLF & RV RESIDENCE PH 02
- LILY LAKE GOLF & RV RESIDENCE PH I
- LILY LAKE GOLF & RV RESORT PH 01
- LILY LAKE GOLF & RV RESORT PH 02
- LILY LAKE GOLF & RV RESORT PH 03 C
- LILY LAKE GOLF & RV RESORT PH 03-A
- LILY LAKE GOLF & RV RESORT PH 03-B
- LILY LAKE GOLF & RV RESORT PH 04 B
- LILY LAKE GOLF & RV RESORT PH 04-A
- LUCIED PARK UNIT 1
- NORTH REEDY SHORE
- NORTH REEDY SHORE SUB
- NOT IN SUBDIVISION
- OAK RIDGE ESTATES
- OAKRIDGE ESTATES
- OAKRIDGE ESTATES PHASE 06 UNIT 02
- OAKRIDGE ESTATES PHASE 08 PB 80 PG 42 & 43
- OAKRIDGE ESTATES PHASE 10 PB 83 PG 5
- OAKRIDGE ESTATES PHASE 10 PB 83 PG 5 LOT 11 LYING
- OAKRIDGE ESTATES PHASE 10 PB 83 PG 5 LOT 12 LYING
- OAKRIDGE ESTATES PHASE 11
- PRESERVE AT LAKE CALOOSA
- REEDY GROVE
- REEDY LAKE ESTATES
- RIDGE LANDING
- SHEPHERD COVE
- SKIPPER E E SUB
- SUN RAY
- SUN RAY HOMES
- SUN RAY HOMES 01
- SUN RAY HOMES 02
- SUNHILL ESTATES
- SUNRISE MEADOWS
- THOMPSON ADD
- THOMPSONS BONITA HEIGHTS
- TOWER PLACE
- TROUT OR SILVER LAKE ADD OR HARRISON & ROBERTSONS
- UNREC COMM HLNDS EAST
- UNREC SUB
- VALENCIA ACRES
- WADES ADD
- WEST FROSTPROOF
- WOODLAND ACRES RETREAT
- YATES & PETERSON SUB
Market Summary
Current real estate data for Multi Family in FROSTPROOF as of Mar 19, 2026
1
Multi Family Listed
185
Avg DOM
241
Avg $ / SqFt
$1,424,999
Avg List Price
Property Summary
- Located in the CROOKED LAKE subdivision, 701 KEEN ROAD FROSTPROOF FL is a Multi Family for sale in FROSTPROOF, FL, 33843. It is listed for $1,424,999 To schedule a showing of MLS#l4955855 at 701 KEEN ROAD in FROSTPROOF, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
Similar Listings Nearby
Courtesy of KELLER WILLIAMS REALTY SMART. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 701 KEEN ROAD
FROSTPROOF, FL



































































































