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 an ideal place for 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, providing residents with the perfect spot to soak up the sun or enjoy leisurely strolls along the shore.

As you explore Velma Manor, you’ll find beautifully maintained homes that reflect the warm, inviting spirit of the community. The neighborhood is characterized by mature landscaping, tree-lined streets, and a friendly atmosphere that fosters a sense of belonging. With a mix of architectural styles, each residence tells its own story while contributing to the overall charm of the subdivision.

Living in Velma Manor means enjoying the best of both worlds: a peaceful suburban lifestyle combined with easy access to urban amenities. Just minutes away, you’ll discover an array of shopping, dining, and entertainment options in Belleair Bluffs. Whether you’re in the mood for a cozy café, upscale dining, or boutique shopping, everything you need is right at your fingertips.

Moreover, the area is known for its excellent schools and recreational facilities, making it an ideal choice for families. With parks, nature trails, and community events, there’s always something to do and see in and around Velma Manor.

Come and experience the charm of Velma Manor—where community spirit meets coastal living! Your dream home awaits in this delightful subdivision.

$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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