701 KEEN ROAD FROSTPROOF FL 33843 MLS #L4955855

701 KEEN ROAD
FROSTPROOF, FL, 33843
$1,424,999
15 Beds
13 Baths
5,908 SqFt
3.95 Acres
Add
MLS #L4955855 image #0
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
Pool33843 – Frostproof33843frostproofCrooked LakeLittle Crooked LakeWaterNo Minimum

Ask a Question

See this Listing

Send
  

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

Subdivisions in FROSTPROOF

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

701 KEEN ROAD
FROSTPROOF, FL