Velma Manor Homes with No Deed Restriction Community Extras

Welcome to Velma Manor, a hidden gem nestled in the picturesque Belleair Bluffs of Pinellas County, Florida. This charming subdivision offers a unique blend of tranquility and convenience, making it an ideal place to call home. With no deed restrictions, Velma Manor provides homeowners with the freedom to personalize their properties to suit their individual lifestyles.

The homes in Velma Manor are characterized by their diverse architectural styles, ranging from cozy bungalows to more contemporary designs, ensuring there’s something for everyone. Each property boasts generous lot sizes, allowing for ample outdoor space where you can create your own oasis. Whether you envision a lush garden, a sparkling pool, or a cozy patio for entertaining, the possibilities are endless.

Living in Velma Manor means you’re just a stone’s throw away from the stunning Gulf Coast beaches, renowned for their soft white sands and breathtaking sunsets. Enjoy leisurely strolls along the shoreline, or indulge in a variety of water sports just minutes from your doorstep. The community is also conveniently located near a plethora of shopping, dining, and recreational options, ensuring that everything you need is within reach.

For those who value a sense of community, Velma Manor offers a warm, welcoming atmosphere where neighbors become friends. With no deed restrictions, you’ll appreciate the relaxed vibe that allows for creative expression in your home and yard.

Discover the charm of Velma Manor, where your dream home awaits amidst the beauty of Belleair Bluffs. Embrace the freedom of a community that celebrates individuality and enjoy the best of Florida living!

$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 Homes with No Deed Restriction Community Extras

Newest Velma Manor Homes with No Deed Restriction Community Extras