701 Keen Road, FL
Stellar MLS

$1,424,999

701 Keen Road

Frostproof, FL 33843

Listing updated: March 17, 2026 at 9:05 AM ET

Active
15
Beds
13
Baths
5,908
Sq Ft
3.95
Acres
1971
Built
Water viewWater accessPrivate pool3.95 acres$241/sqft360° tour
Multi-Family 5+

Property type

1971

Year built

172,206 sqft

Lot size

$241

Price / sq ft

No HOA

HOA dues

177

Days on market

X

Flood zone

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.

Estimated monthly payment

Principal & interest$7,206
Property taxes$944
Home insurance (est.)$653

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history177 days on market

  1. Status: Active
    Mar 17, 2026
  2. Listed$1,999,000
    Sep 15, 2025
  3. Price reduced$1,424,999

Facts & features

Property type
Residential Income
Sub type
Multi-Family 5+
Status
Active
Days on market
177
Subdivision
Crooked Lake
County
Polk
Year built
1971
Living area
5,908 sq ft
Price/sq ft
$241
Lot size
172,206 sq ft
Lot category
2 to less than 5
Flood zone
X
Pool
Private pool
Annual taxes
$11,329 (2024)
Parcel #
27-31-25-000000-031020
Zoning
XX
MLS #
L4955855

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Interior Details

Bedrooms
15
Interior features
Accessibility Features, Ceiling Fans(s)
Laundry
Inside, Laundry Room

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Carport
Yes

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
No Minimum
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Outbuildings, Private Mailbox
Construction materials
Stucco, Vinyl Siding
Roof
Metal
Foundation
Slab
Pool
Private pool
Water access
Yes
Water view
Yes
Road surface
Asphalt

Utilities

Sewer
Septic Tank
Water source
Well
Utilities
Electricity Connected, Emergency Power

Listing Details

Listing date
2025-09-15
On market date
2025-09-15
Original list price
$1,999,000
MLS area
33843 - Frostproof
Listing AOR
Lakeland
Status changed
2026-03-17
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

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From US Highway 27 S to left onto 630A to left onto Keen Rd. Home is located on the left.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of March 17, 2026 at 9:05 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA