Velma Manor Homes with No Deed Restriction Community Extras

Welcome to Velma Manor, a hidden gem nestled in the heart of Belleair Bluffs, Florida. This charming subdivision offers a unique blend of comfort, convenience, and community spirit, making it an ideal place to call home. One of the standout features of Velma Manor is its welcoming atmosphere, where neighbors become friends and community events are cherished.

Situated in beautiful Pinellas County, Velma Manor boasts easy access to stunning beaches, vibrant shopping districts, and delightful dining options. Residents enjoy the perfect balance of tranquility and excitement, with the Gulf of Mexico just a stone's throw away. Whether you’re strolling along the picturesque shoreline or exploring local parks, outdoor enthusiasts will find plenty to love in this sunny locale.

One of the most appealing aspects of Velma Manor is its "No Deed Restriction" policy, allowing homeowners the freedom to personalize their properties without the constraints often found in other communities. This flexibility fosters a diverse array of architectural styles and landscaping choices, giving each home its unique character. Whether you envision a cozy cottage, a modern retreat, or a classic Florida bungalow, Velma Manor provides the canvas for your dream home.

With a strong sense of community and a prime location, Velma Manor is more than just a place to live—it's a lifestyle. Discover the charm of this delightful subdivision and experience the perfect blend of Florida living, where the sun shines bright, and the possibilities are endless! Come explore Velma Manor today and see why so many are proud to call it home.

$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