701 Keen Road Frostproof, FL 33843 - LITTLE CROOKED LAKE
For Sale MLS# L4955855
15 beds 13 baths 5,908 sq ft Multi-family
Details for 701 Keen Road
MLS# L4955855
Description for 701 Keen Road, Frostproof, FL, 33843 - LITTLE CROOKED LAKE
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.
Listing Information
Property Type: Residential, Multi Family
Status: Active
Bedrooms: 15
Bathrooms: 13
Lot Size: 3.95 Acres
Square Feet: 5,908 sq ft
Year Built: 1971
Construction: Stucco,Vinyl Siding
Subdivision: Crooked Lake
Foundation: Slab
Number Of Units Total: 8
County: Polk
Additonal Room Information
Laundry: Inside, Laundry Room
Interior Features
Accessibility: Accessibility Features
Additional Interior Features: Ceiling Fan(s)
Utilities
Water: Well
Sewer: Septic Tank
Other Utilities: Electricity Connected
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Exterior / Lot Features
Roof: Metal
Pool: Community, In Ground, Salt Water, Screen Enclosure
Lot View: Lake,Water
Additional Exterior/Lot Features: Out Building(s)
Out Buildings: Storage, Outbuilding, Shed(s)
Waterfront Details
Standard Water Body: LITTLE CROOKED LAKE
Water Front Features: Lake Privileges
Community Features
Community Features: Pool
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1500
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 2 Units Total: 2
Unit 2 Actual Rent: 2400
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 3 Units Total: 4
Unit 3 Actual Rent: 6000
Unit 3 Baths Total: 2
Unit 3 Beds Total: 2
Unit 4 Units Total: 1
Unit 4 Actual Rent: 2200
Unit 4 Baths Total: 2
Unit 4 Beds Total: 3
Driving Directions
From US Highway 27 S to left onto 630A to left onto Keen Rd. Home is located on the left.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 27-31-25-000000-031020
Tax Amount: 11328.93
Tax Year: 2024
A broker reciprocity listing courtesy: KELLER WILLIAMS REALTY SMART
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 701 Keen Road
Sales History
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Tax Summary
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Schools
Schools nearby 701 Keen Road
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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