Velma Manor Homes with Block Exterior Construction

Welcome to Velma Manor, a hidden gem nestled in the picturesque Belleair Bluffs, Florida. This charming subdivision offers an idyllic blend of serene living and vibrant community life, making it an ideal place to call home. With its prime location in Pinellas County, residents enjoy the perfect balance of coastal tranquility and easy access to the bustling nearby attractions.

Velma Manor is characterized by its welcoming atmosphere and beautifully designed homes, many featuring sturdy block exterior construction. This construction method not only enhances the durability and longevity of the homes but also provides excellent insulation against Florida's warm climate. Whether you’re looking for a cozy retreat or a spacious family abode, Velma Manor offers a variety of layouts to suit your lifestyle.

The community is adorned with lush landscaping and tree-lined streets, promoting a peaceful environment for families and retirees alike. Residents can take advantage of the nearby parks, recreational facilities, and the stunning beaches just a short drive away. Belleair Bluffs is known for its friendly neighbors and community events, making it easy to forge lasting friendships.

In Velma Manor, you’ll find not just a house, but a place to create cherished memories. Explore the opportunities that await in this delightful subdivision, where comfort meets convenience, and every day feels like a vacation. Experience the charm of Belleair Bluffs and discover why Velma Manor is the perfect place to plant your roots in sunny Florida!

$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 Block Exterior Construction

Newest Velma Manor Homes with Block Exterior Construction