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3517 Sherwood Drive Largo, FL 33771

$480,000
Active / MLS# TB8561035 / Multi Unit - Multiple / Largo
4 Beds
2128 SqFt

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.

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Estimated Payment

$ 1,891.51 per month $1,235.10 Principal & Interest $516.42 Property Tax $140.00 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.16 Acres
Roof Type: Built-Up
Stories: 1.0
Taxes: $6,197
Year Built: 1984

Amenities

Ceiling Fans(s)
Sidewalk

Feature Descriptions

Additional Rooms: Breakfast Room Separate, Formal Dining Room Separate
Annual Net Income: 43200.00
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
Directions: From Belcher Road, head west on East Bay Drive. Turn onto Seacrest Drive, then turn right onto Sherwood Drive.
Exterior: Frame
Flood Zone Code: x
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Other
Lot Dimensions: 0.16
Ownership: Fee Simple
Parking: Driveway, Off Street
Parking Notes: Driveway, Off Street
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Text List Agent
Special Sale Provisions: None
Units: 2
Utilities: Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No

Location

See details and scored characteristics about this location.

Listing Office: BLAKE REAL ESTATE INC



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