$1,999,000

701 Keen Rd, Frostproof, FL

Real Estate

For Sale

$--,---,---

15130

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 5908 sqft

Garage No

Taxes $11,329

Days Active 12

Lot Size

Approx. Age 1971

Avg. Price Per Sqft $338

MLS® Number L4955855

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description

MLS® NumberL4955855

Laundry LevelInside, Laundry Room

Central VacNo

FireplaceNo

Acreage3.95

ExteriorOutbuildings, Private Mailbox

GarageNo

Approx. Age1971

Basement

Driveway

Garage Spaces

HeatCentral

A/CCentral Air

Heating Fuel

Extras

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