Velma Manor Real Estate

Welcome to Velma Manor, a hidden gem nestled in the heart of Belleair Bluffs, Florida! This charming subdivision offers a unique blend of tranquility and convenience, making it the perfect place to call home. With its picturesque tree-lined streets and beautifully landscaped yards, Velma Manor exudes a warm, inviting atmosphere that appeals to families, retirees, and everyone in between.

Located in Pinellas County, Velma Manor is just a stone's throw away from the stunning Gulf Coast beaches, allowing residents to enjoy the sun, sand, and surf at their leisure. The vibrant community is close to a variety of shopping, dining, and entertainment options, ensuring that everything you need is within reach. Whether you’re indulging in a day of retail therapy at nearby boutiques or savoring a delicious meal at one of the local eateries, Belleair Bluffs has something for everyone.

The subdivision boasts a mix of charming single-family homes, each with its own character and style. Many of these residences feature spacious yards, perfect for family gatherings or simply enjoying the beautiful Florida weather. The sense of community is palpable, with friendly neighbors and regular neighborhood events that foster connections and create lasting memories.

In addition to its prime location and welcoming atmosphere, Velma Manor is served by highly rated schools, making it an ideal choice for families looking to settle down. With its perfect blend of suburban charm and coastal convenience, Velma Manor is more than just a place to live; it’s a place to thrive. Come discover the magic of Velma Manor, where your dream home awaits!

$522,500

5 Beds ⋅ 3 Baths ⋅ Velma Manor SubDv. ⋅ 33770 Zip Code

WELCOME TO 55 VELMA DR. W LARGO, FLORIDA! A highly lucrative, move-in ready or turn-key investment property specifically configured as a high-yield short-term rental (STR). Featuring 5 bedrooms and 3 full bathrooms, this 2,021-square-foot single-story home comes fully furnished and completely ready for immediate occupancy or immediate listing on platforms like Airbnb and VRBO. Offers a king-size bed, desk area, large walk-in closet, and an en-suite bathroom with a double vanity, walk-in shower, and jacuzzi bathtub. Features a split-bedroom plan; one attached guest bedroom can be closed off for private use. Includes a kitchen island with seating for 3, a dining room table that seats 6, a Keurig coffee maker, and a Ninja blender. The Living space Outfitted with a large sectional couch and a Smart TV. Game Room: The air-conditioned garage has been converted into an entertainment space with mini-golf, video games, foosball, basketball, and a full walk-in shower bathroom. PROPERTY HIGHTLIGHTS: + Sleeps 10: Large space for families and groups. + Full Furnishings: New furniture, beds, and kitchen tools. + Game Room: Air-conditioned garage with mini-golf and games. + Split Layout: Private lock-off wing and separate guest entrance. + Close to Beach: Just over 2 miles to the Gulf of Mexico( Belleair beach and Indian Rocks Beach) - Outdoor Space: Large deck, covered patio, and outdoor lights. - Parking: Driveway fits up to 4 cars. - Nearby Spots: Walk to local food and shops. Under a mile to the hospital. INCOME POTENTIAL Based on AirDNA market benchmarks for Largo and the adjacent coastal areas, this property is uniquely positioned to significantly outperform the local market median due to its 10-guest capacity, premium game room conversion, and smart income-generating layout Projections Over View: - Conservative base line: Average Daily Rate (ADR): $310, Projected Occupancy of 52%, and Annual Gross Revenue is $58,838 - Realistic Target: '' '' '' '' '' '' '' '' '' '' '' '' '' '' : $395, '' '' '' '' '' '' '' '' '' '' '' '' '' 58%, '' '' Annual Gross Revenue is $83,622 - Optimized Premium: '' '' '' '' '' '' '' '' '' '' '' '' '' '' : $480, '' '' '' '' '' '' '' '' '' '' '' '' '' 63%, '' '' Annual Gross Revenue is $110,376

55 Velma Drive W, Largo

Velma Manor Real Estate

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