IDX

Listed by Mindy Russo · Courtesy of KELLER WILLIAMS REALTY SMART· Agent MLS ID# MFR265578201 · Deemed reliable but not guaranteed. · Data last updated: Mar 17, 2026 · 1:05 PM

701 KEEN RD

Frostproof, Polk, FL, 33843

Active

$1,424,999

$241/sqft

15Beds
13Baths
5,908Sq Ft
1971Built
177Days on Market

About this home

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.

Facts & Features

MFRL4955855
$1,424,999
Active
15
13
N/A
N/A
5,908 sqft
3.9500
1971
Residential Income
Multi-Family 5+
N/A

Community Information

701 KEEN RD
Crooked Lake
Frostproof
Polk
FL
33843
No

Amenities

N/A
N/A
No
No
Yes

Interior

Ceiling Fans(s), Accessibility Features
Central
Central Air
N/A
N/A
N/A
N/A

Exterior

Private Mailbox, Outbuildings
Stucco, Vinyl Siding
Slab
Metal
N/A
N/A

School Information

N/A
N/A
N/A

Additional Information

September 15, 2025
177
XX
N/A
No

Mortgage Calculator

This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. KELLER WILLIAMS REALTY SMART is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

177 days on market

Listing updated: Mar 17, 2026 · 1:05 PM

Listed by: Mindy Russo · 863-812-1294KELLER WILLIAMS REALTY SMART · 863-577-1234

Updated from Real Estate Market Data

Location

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