701 Keen Road, FROSTPROOF, FL 33843
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- MLS#: L4955855 ( Residential Income )
- Street Address: 701 Keen Road
- Viewed: 2
- Price: $1,999,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1971
- Bldg sqft: 0
- Bedrooms: 15
- Total Baths: 13
- Garage / Parking Spaces: 2
- Days On Market: 2
- Additional Information
- Geolocation: 27.762 / -81.5761
- County: POLK
- City: FROSTPROOF
- Zipcode: 33843
- Subdivision: Crooked Lake
- Provided by: KELLER WILLIAMS REALTY SMART
- Contact: Mindy Russo
- 863-577-1234
- DMCA Notice
-
DescriptionHeres the opportunity youve 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 thats a 2bd/1ba. All grandfathered under ARR zoning. The grounds are thoughtfully designed to offer both privacy and community, including a screenedin 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. Theres 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 thats not all theres 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 its a flexible incomegenerating 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 Location and Similar Properties
Features
Home Owners Association Fee
- 0.00
Baths Total
- 13
Carport Spaces
- 2.00
Close Date
- 0000-00-00
Cooling
- Central Air
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Outbuildings
- Private Mailbox
Garage Spaces
- 0.00
Heating
- Central
Insurance Expense
- 0.00
Interior Features
- Accessibility Features
- Ceiling Fans(s)
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
Living Area
- 5908.00
Area Major
- 33843 - Frostproof
Net Operating Income
- 0.00
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Other Structures
- Shed(s)
- Storage
Parcel Number
- 27-31-25-000000-031020
Pool Features
- In Ground
- Salt Water
- Screen Enclosure
Property Type
- Residential Income
Roof
- Metal
Sewer
- Septic Tank
Tax Year
- 2024
Township
- 31
Utilities
- Electricity Connected
- Emergency Power
View
- Water
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/L4955855
Water Source
- Well
Year Built
- 1971
Zoning Code
- XX