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Frostproof, FL Multifamily Home for Sale

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    $1,699,999

    • 15 Beds
    • 13 Baths
    • 5,908 Sq Ft

    701 Keen Rd, Frostproof, FL 33843

    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

    Mindy Russo KELLER WILLIAMS REALTY SMART

    701 Keen Rd, Frostproof, FL 33843

Why Live in Frostproof

Frostproof, FL, known as "The Friendly City," is a rural community with a population of fewer than 3,000 people. Settled between Lake Clinch to the west and Reedy Lake to the east, Frostproof is characterized by its lush subtropical greenery and humid breezes. The area is rich in natural attractions, with eight lakes within its limits, making it a popular spot for fishing, boating, and nature watching. The Frostproof Sports Complex offers baseball fields, a fishing dock, and racquetball courts, while the Lily Lake Golf Resort features a 9-hole, par 32 course. The town is resistant to development, favoring the preservation of its small, rural feel, which is reflected in the prevalence of older homes and renovations, primarily built in the mid-to-late 20th century. Dining options include the award-winning Frostproof BBQ Company and Frostbite Ice Cream & More, with daily specials at Johnny’s Egg House. Local events include live music at Mr. Chris’ Coffee Depot and murder mysteries at the historic Ramon Theatre. The Annual Heritage Day Festival in nearby Winter Haven celebrates African American culture. Highway 27 provides access to Orlando and the Orlando International Airport, 70 miles north, while The Ridge Scenic Highway offers a picturesque route ending in Haines City, 30 miles away.

Home Trends in Frostproof, FL

Housing Trends

Median Sale Price
$277,450
Median Single Family Sale Price
$290,790
Average Price Per Sq Ft
$200
Number of Homes for Sale
71
Last 12 months Home Sales
112
Months of Supply
7.60
Median List Price
$298,540
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
21%
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