701 Keen Rd

Frostproof, FL 33843

$1,424,999
Price
15
Beds
13
Baths
5,908 Sq. Ft.
$241 / Sq. Ft.
5,908
Sq. Ft.
$241
per Sq. Ft.
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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....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.
  1. Listed by Mindy Russo • Brokerage DRE #1017403 • KELLER WILLIAMS REALTY SMART
    P: (863)-812-1294 C: (863)-812-1294 mmchesnick07@gmail.com
  2. Listed by John Carter • Brokerage DRE #1017403 • KELLER WILLIAMS REALTY SMART
    P: (863)-529-7488 C: (863)-529-7488 johncarter3030@gmail.com

Property Details for 701 Keen Road

Subdivision Name
CROOKED LAKE
Township
31
Carport Spaces
2
View
Water
Waterfront
No
Water View
Lake
LISTING UPDATED: 03/17/2026 09:07 AM

Property Details for 701 Keen Road

StatusActive
MLS #L4955855
Days on Market180
Taxes$11,329 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1971
Lot Size3.95 AC / 172,206 SF
CountyPolk County
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Location

Listing Courtesy of KELLER WILLIAMS REALTY SMART, Mindy Russo; KELLER WILLIAMS REALTY SMART, John Carter
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Building Information for 701 Keen Road

Stories-Residences8Year Built1971Building Size-Lot Size3.95 AC / 172,206 SF

Payment Calculator

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$7,860 per month

30 year fixed, 6.11% Interest

Principal and Interest

$6,916

Property Taxes

$944

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 701 Keen Road

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Community Features: Pool
  • Directions: From US Highway 27 S to left onto 630A to left onto Keen Rd. Home is located on the left.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 701
  • Street Name: KEEN
  • Street Suffix: ROAD
  • State: FL
  • City: FROSTPROOF
Parking
  • Carport: Yes
  • Garage: No
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • 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
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Additional Water Information: Public boat ramp located diagonally across the street. Crooked Lake, a spring fed highly desirable certified Florida, Outstanding Water-only one in Polk county
  • Parcel Number: 273125000000031020
  • Total Acreage: 2 to less than 5
  • Total Num Buildings: 6
  • Water Access: Lake
  • Water Access: Yes
  • Water Body Name: LITTLE CROOKED LAKE
  • Water Extras: No
  • Zoning: XX
  • Living Area: 5908
Property and Assessments
  • Year Built Numeric: 1971
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 27
  • Public Survey Section: 25
  • Dock YN: No
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Emergency Power
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco, Vinyl Siding
  • Exterior Features: Outbuilding, Private Mailbox
  • Foundation Details: Slab
  • Other Structures: Shed(s), Storage
  • Pool Features: In Ground, Salt Water, Screen Enclosure
  • Pool Private: Yes
  • Pool: Private, Community
  • Pool Private: Yes
  • Roof: Metal
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 15
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central
  • Interior Features: Accessibility Features, Ceiling Fan(s)
  • Laundry Features: Inside, Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: Yes
Multi Family
Multi-Family Information
  • Annual Net Income: $48,059.00
  • Unit Count: 4
Rental
Rental Information
  • Minimum Lease Period: 0

Property History for 701 Keen Road

DateEvent & SourcePriceAppreciation
Mar 17, 2026

Price Change

MFRMLS #L4955855

$1,424,999—
Mar 17, 2026

Listed (Active)

MFRMLS #L4955855

—
Mar 15, 2026

Expired

MFRMLS #L4955855

$1,499,999—
Jan 8, 2026

Price Change

MFRMLS #L4955855

$1,699,999—
Jan 8, 2026

Listed (Active)

MFRMLS #L4955855

$1,499,999—
Jan 4, 2026

Pending

MFRMLS #L4955855

—
Nov 11, 2025

Price Change

MFRMLS #L4955855

$1,699,999—
Oct 17, 2025

Price Change

MFRMLS #L4955855

$1,799,999—
Sep 15, 2025

Listed (Active)

MFRMLS #L4955855

$1,999,000—
Jun 27, 2006

Withdrawn

MFRMLS #K4583409

$1,000,000—
Jul 20, 2005

Listed (Active)

MFRMLS #K4583409

$1,000,000—
Jun 30, 2004

Sold (Public Record)

Public Record #141693334

$340,000—
Jun 30, 2004

Sold

MFRMLS #R4519771

$340,000—
May 19, 2004

Pending

MFRMLS #R4519771

—
Nov 17, 2003

Listed (Active)

MFRMLS #R4519771

$395,000—
DateEvent & SourcePrice
03/17/2026

Price Change

MFRMLS #L4955855

$1,424,999
03/17/2026

Listed (Active)

MFRMLS #L4955855

—
03/15/2026

Expired

MFRMLS #L4955855

$1,499,999
01/08/2026

Price Change

MFRMLS #L4955855

$1,699,999
01/08/2026

Listed (Active)

MFRMLS #L4955855

$1,499,999
01/04/2026

Pending

MFRMLS #L4955855

—
11/11/2025

Price Change

MFRMLS #L4955855

$1,699,999
10/17/2025

Price Change

MFRMLS #L4955855

$1,799,999
09/15/2025

Listed (Active)

MFRMLS #L4955855

$1,999,000
06/27/2006

Withdrawn

MFRMLS #K4583409

$1,000,000
07/20/2005

Listed (Active)

MFRMLS #K4583409

$1,000,000
06/30/2004

Sold (Public Record)

Public Record #141693334

$340,000
06/30/2004

Sold

MFRMLS #R4519771

$340,000
05/19/2004

Pending

MFRMLS #R4519771

—
11/17/2003

Listed (Active)

MFRMLS #R4519771

$395,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 701 Keen Road

Taxable ValueLand-Additions-Total-
Tax Record2025$6,591 ($549 / month)
Home Facts
Beds2Total Finished SqFt864 SqFtAbove Grade Finished SqFt864 SqFtStories2Lot Size172,193 SqFtStyleSingle Family ResidenceYear Built1971CountyPOLKAPN273125000000031020

Schools near 701 Keen Road

This home is within Polk.
Rating
School
Type
Grades
Distance
Ben Hill Griffin Jr Elementary School
Public - PK to 5
Bartow Elementary Academy
Public - K to 5
Union Academy
Public - 6 to 8
Frostproof Middle/Senior High School
Public - 6 to 12
Rating
School
Distance
Ben Hill Griffin Jr Elementary School
PublicPK to 5

Bartow Elementary Academy
PublicK to 5

Union Academy
Public6 to 8

Frostproof Middle/Senior High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 701 Keen Road, Frostproof, FL 33843

701 Keen Road is a multi-family home for sale in Frostproof, FL 33843. This property was listed for sale on September 15, 2025 by KELLER WILLIAMS REALTY SMART, it's currently listed at $1,424,999. It has been on the market for a total of 180 days and was last sold on June 30, 2004. This listing's school district is Polk. Nearby schools include Ben Hill Griffin Jr Elementary School, Bartow Elementary Academy and Union Academy. 701 Keen Road is a 15-bed, 13-bath, 5,908 sqft multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of KELLER WILLIAMS REALTY SMART, Mindy Russo; KELLER WILLIAMS REALTY SMART, John Carter

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 03/17/2026 09:07 AM