3517 SHERWOOD DRIVE, Largo, Pinellas, Residential Income

This Largo duplex offers an excellent opportunity to own an income-producing property, with both units currently rented to long-term tenants and generating a combined $3,600 a month. Each unit features two bedrooms, one full bathroom, a spacious kitchen, a separate dining room, an in-unit washer and dryer, and a private fenced yard. Additional appliances include a refrigerator, range, microwave, and dishwasher.

The property has received several updates over the years. Unit B was remodeled in January 2021 with granite kitchen countertops, and both A/C units were replaced in August 2021. Unit A was fully remodeled in June 2024, also featuring granite countertops.

Separate water and electric meters were installed in September 2023, and tenants pay their own utilities. The exterior was painted in August 2023, and a new roof was installed in May 2026. Conveniently located near Eagle Lake Park and Largo Central Park, the property offers easy access to outdoor recreation, shopping, dining, and everyday services along East Bay Drive.

Clearwater Beach and other Gulf beaches are within easy reach, as are St. Pete–Clearwater International Airport (PIE) and Tampa International Airport (TPA). Nearby major roads provide convenient access to Clearwater, St. Petersburg, and Tampa. With established tenants, rental income already in place, and recent improvements, this duplex is an appealing addition to an investment portfolio.