Overview of property - 701 KEEN RD, FROSTPROOF
Main home 3/2,built in 2015, metal roof, internet tower - 701 KEEN RD, FROSTPROOF
Main home - 701 KEEN RD, FROSTPROOF
4 cottages on left, main home in middle, apartment in the back and pool to the right. Tons of space for up to 10 RV pads to the right and above pool area - 701 KEEN RD, FROSTPROOF
Multi-Family 5+ at 701 KEEN RD, FROSTPROOF, photo 5 of 100
Living room main home - 701 KEEN RD, FROSTPROOF
Living room main home - 701 KEEN RD, FROSTPROOF
Kitchen in main home - 701 KEEN RD, FROSTPROOF
Kitchen in main home - 701 KEEN RD, FROSTPROOF
Kitchen in main home - 701 KEEN RD, FROSTPROOF
Kitchen in main home - 701 KEEN RD, FROSTPROOF
Primary bedroom main home - 701 KEEN RD, FROSTPROOF
Primary bedroom main home - 701 KEEN RD, FROSTPROOF
Primary bedroom main home - 701 KEEN RD, FROSTPROOF
Primary bathroom main home - 701 KEEN RD, FROSTPROOF
Bedroom 2 in main  home - 701 KEEN RD, FROSTPROOF
Bedroom 2 in the main home - 701 KEEN RD, FROSTPROOF
Guest bathroom in main home - 701 KEEN RD, FROSTPROOF
Guest bathroom main home - 701 KEEN RD, FROSTPROOF
Bedroom 3 main home - 701 KEEN RD, FROSTPROOF
Bedroom 3 main home - 701 KEEN RD, FROSTPROOF
Bedroom 3 main home - 701 KEEN RD, FROSTPROOF
Laundry room in main home - 701 KEEN RD, FROSTPROOF
Front of cottage - 701 KEEN RD, FROSTPROOF
Cottages - 701 KEEN RD, FROSTPROOF
Multi-Family 5+ at 701 KEEN RD, FROSTPROOF, photo 26 of 100
Multi-Family 5+ at 701 KEEN RD, FROSTPROOF, photo 27 of 100
Living room A-frame cottage - 701 KEEN RD, FROSTPROOF
Living room/dining room A-frame cottage - 701 KEEN RD, FROSTPROOF
Dining room A-frame cottage. Washer and dryer behind curtain. - 701 KEEN RD, FROSTPROOF
Living room in one of the A-frame cottages - 701 KEEN RD, FROSTPROOF
Kitchen in A-frame cottage - 701 KEEN RD, FROSTPROOF
Kitchen in the one A-frame cottage - 701 KEEN RD, FROSTPROOF
Kitchen, laundry closet, stairs that lead up to the second bedroom, bathroom, and bonus area in A-frame loft - 701 KEEN RD, FROSTPROOF
laundry in A-frame - 701 KEEN RD, FROSTPROOF
downstairs Bedroom A-frame cottage - 701 KEEN RD, FROSTPROOF
downstairs Bedroom in A-frame cottage - 701 KEEN RD, FROSTPROOF
Upstairs bedroom in A-frame cottage - 701 KEEN RD, FROSTPROOF
Upstairs bedroom in A-frame cottage - 701 KEEN RD, FROSTPROOF
Upstairs bathroom in A-frame cottage - 701 KEEN RD, FROSTPROOF
Upstairs bathroom A-frame - 701 KEEN RD, FROSTPROOF
Bonus area inside of A-frame cottage - 701 KEEN RD, FROSTPROOF
bonus area A-frame - 701 KEEN RD, FROSTPROOF
Living room inside one of the A-Frames - 701 KEEN RD, FROSTPROOF
upstairs bedroom on of the A-Frames - 701 KEEN RD, FROSTPROOF
upstairs bathroom A-Frame - 701 KEEN RD, FROSTPROOF
bonus area in A-Frame - 701 KEEN RD, FROSTPROOF
apartment building - 701 KEEN RD, FROSTPROOF
Front of apartment building - 701 KEEN RD, FROSTPROOF
Living room in the 2/1 apartment - 701 KEEN RD, FROSTPROOF
Living room/kitchen in the 2/1 apartment - 701 KEEN RD, FROSTPROOF
Kitchen/living room in the 2/1 apartment - 701 KEEN RD, FROSTPROOF
Kitchen in the 2/1 apartment - 701 KEEN RD, FROSTPROOF
Kitchen in the 2/1 apartment - 701 KEEN RD, FROSTPROOF
Primary bedroom in the 2/1 apartment - 701 KEEN RD, FROSTPROOF
Primary bedroom in the 2/1 apartment - 701 KEEN RD, FROSTPROOF
Bathroom in the 2/1 apartment - 701 KEEN RD, FROSTPROOF
Bonus room connected to the 2/1 apartment. Can also serve as a 4th apartment. - 701 KEEN RD, FROSTPROOF
Bonus room in the 2/1 apartment. Extra room straight back, bonus room up in the loft and laundry room to the right - 701 KEEN RD, FROSTPROOF
Bonus room/ 2nd bedroom in the 2/1 apartment - 701 KEEN RD, FROSTPROOF
Bonus room/ 2nd bedroom in the 2/1 apartment - 701 KEEN RD, FROSTPROOF
Bonus room/ 2nd bedroom in the 2/1 apartment - 701 KEEN RD, FROSTPROOF
Loft area in the 2/1 apartment - 701 KEEN RD, FROSTPROOF
Multi-Family 5+ at 701 KEEN RD, FROSTPROOF, photo 64 of 100
Overview of property - 701 KEEN RD, FROSTPROOF
back of cottage - 701 KEEN RD, FROSTPROOF
back of cottage, private yard - 701 KEEN RD, FROSTPROOF
main home - 701 KEEN RD, FROSTPROOF
back of main home - 701 KEEN RD, FROSTPROOF
Multi-Family 5+ at 701 KEEN RD, FROSTPROOF, photo 70 of 100
Multi-Family 5+ at 701 KEEN RD, FROSTPROOF, photo 71 of 100
back of main home - 701 KEEN RD, FROSTPROOF
main home/ apartment building in back - 701 KEEN RD, FROSTPROOF
Main home and cottages - 701 KEEN RD, FROSTPROOF
Overview of main home - 701 KEEN RD, FROSTPROOF
back of main home - 701 KEEN RD, FROSTPROOF
Multi-Family 5+ at 701 KEEN RD, FROSTPROOF, photo 77 of 100
Cottages - 701 KEEN RD, FROSTPROOF
Cottages - 701 KEEN RD, FROSTPROOF
back of cottages - 701 KEEN RD, FROSTPROOF
cottages - 701 KEEN RD, FROSTPROOF
Multi-Family 5+ at 701 KEEN RD, FROSTPROOF, photo 82 of 100
Outside view of apartment building - 701 KEEN RD, FROSTPROOF
apartment building - 701 KEEN RD, FROSTPROOF
back of apartment - 701 KEEN RD, FROSTPROOF
Back of apartment building - 701 KEEN RD, FROSTPROOF
POOL, NEW POOL PUMP AND RECENTLY RESURFACED - 701 KEEN RD, FROSTPROOF
POOL, NEW POOL PUMP AND RECENTLY - 701 KEEN RD, FROSTPROOF
NIGHT TIME SHOT - 701 KEEN RD, FROSTPROOF
saltwater pool - 701 KEEN RD, FROSTPROOF
pool - 701 KEEN RD, FROSTPROOF
Multi-Family 5+ at 701 KEEN RD, FROSTPROOF, photo 92 of 100
overview of property - 701 KEEN RD, FROSTPROOF
overview of proeprty - 701 KEEN RD, FROSTPROOF
Multi-Family 5+ at 701 KEEN RD, FROSTPROOF, photo 95 of 100
Multi-Family 5+ at 701 KEEN RD, FROSTPROOF, photo 96 of 100
shed - 701 KEEN RD, FROSTPROOF
laundry room - 701 KEEN RD, FROSTPROOF
public boat ramp - 701 KEEN RD, FROSTPROOF
public boat ramp down the street - 701 KEEN RD, FROSTPROOF
100 photos

$1,424,999

701 KEEN RD
FROSTPROOF, FL 33843
Listed by Mindy Russo · KELLER WILLIAMS REALTY
Bedrooms
15
Bathrooms
N/A
Living area
5,908 sqft
Year built
1971

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.

Highlights

Private pool

Property details

MLS
Stellar MLS
MLS #
MFRL4955855
Property type
Multi-Family 5+
Subdivision
CROOKED LAKE
Status
Active
Days on market
359
On market date
September 15, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
3.95 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
FROSTPROOF BEN HILL GRIFFIN JR ELEMENTARY SCHOOL
2.48 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
871
Student:teacher ratio
15.6:1
District
POLK
MiddleCharter
BOK ACADEMY
4.38 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
603
Student:teacher ratio
19.5:1
District
POLK
High
FROSTPROOF MIDDLE/SENIOR HIGH
2.58 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,120
Student:teacher ratio
17.0:1
District
POLK

Walkability

Blended score for FROSTPROOF's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

12
Very car-dependent
out of 100
EPA National Walkability Index
3.2 / 20 -- Least walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks1
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in FROSTPROOF, from live MLS data.

On the market 359 days -- 11 more days than FROSTPROOF's current average of 348 days.
For reference, the median list price across 418 active listings in FROSTPROOF right now is $49,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$8,732/mo
$285,000 down
$1,139,999 loan
Principal & interest$7,394
Property tax (est.)$1,187
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated September 16, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.