Velma Manor Homes for Sale

Welcome to Velma Manor, a hidden gem nestled in the picturesque city of Belleair Bluffs, Florida. This charming subdivision offers a serene escape from the hustle and bustle of everyday life while providing convenient access to the vibrant culture and stunning natural beauty that the Sunshine State is known for.

Velma Manor features a delightful collection of homes, each exuding its own unique character and charm. With properties ranging from cozy single-family homes to more spacious residences, there’s something to suit every buyer’s needs. The neighborhood is characterized by well-maintained lawns, mature trees, and a friendly community atmosphere that makes it a perfect place to call home.

One of the standout features of Velma Manor is its prime location. Residents enjoy proximity to beautiful Gulf Coast beaches, lush parks, and a variety of shopping and dining options. Whether you’re in the mood for a leisurely day at the beach or a quick trip to local boutiques, everything you need is just a stone’s throw away.

For those looking to invest, homes for sale in Velma Manor present an excellent opportunity. With a strong real estate market in Belleair Bluffs, potential buyers can find properties that not only offer a wonderful lifestyle but also promise great value.

If you’re ready to discover your dream home in Velma Manor, don’t hesitate to reach out. This enchanting neighborhood awaits your arrival, and we’re here to help you every step of the way!

$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 for Sale

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