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701 KEEN RD, FROSTPROOF, FL, 33843

$ 1,999,000.00
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6 months, 1 week

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701 KEEN RD, FROSTPROOF, FL, 33843

bed 15 Beds
bed 13 Bath
bed 172206 Sq.Feet
bed 15 Beds
bed 13 Bath
bed 172206 Sq.Feet

$ 1,999,000.00

Calc
$444/mo
Est. Payment

Property description

PublicRemarks:-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.
InteriorFeatures:-Accessibility Features, Ceiling Fans(s)
Directions:- From US Highway 27 S to left onto 630A to left onto Keen Rd. Home is located on the left.

Property details

Cooling

Central Air

Living Area

5908 Square Feet

Constr. Materials

Stucco, Vinyl Siding

Total Area

-- Square Feet

Original List Price

$1,999,000.00

Private Pool

No

Fire place

No

Roof

Metal YearBuilt

Exterior Features

Outbuildings, Private Mailbox

Days On Market

177

YearBuilt

1971

Heating

Central

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Home Price

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Property Price

Date Event Price Price/Sq Ft Source
12/09/2026 Active $1999000 338.35 MLS Grid

Property Tax

Year Taxes Land Additions Total Assessment
2019 $3,128 $40,900 + $80,900 = $121,800
2018 $3,128 $40,900 + $80,900 = $121,800
2017 $3,128 - + N/A = $121,800
2016 $3,128 $86,000 + $80,900 = $121,800
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