Velma Manor Real Estate

Welcome to Velma Manor, an enchanting subdivision nestled in the heart of Belleair Bluffs, Florida. This charming community is known for its serene atmosphere, friendly neighbors, and picturesque surroundings, making it an ideal place for families, retirees, and anyone seeking a tranquil lifestyle near the beautiful Gulf Coast.

Velma Manor boasts a diverse selection of homes, each with its unique character and charm. From cozy single-family residences to more spacious properties, there’s something for everyone in this delightful neighborhood. The well-maintained streets are lined with lush landscaping, creating a warm and inviting environment. Residents here enjoy the perfect blend of privacy and community, with plenty of opportunities to socialize and build lasting friendships.

One of the standout features of Velma Manor is its proximity to the stunning beaches of Pinellas County. Just a short drive away, you can sink your toes into the soft, white sands of Clearwater Beach or explore the vibrant local shops and restaurants that dot the coastline. For those who enjoy outdoor activities, the area is also home to numerous parks, walking trails, and recreational facilities.

Belleair Bluffs itself is a hidden gem, offering a quaint small-town feel while still providing easy access to larger urban amenities. With its top-rated schools, healthcare facilities, and a variety of dining options, Velma Manor is perfectly positioned for convenience and leisure.

Discover the charm of Velma Manor, where community spirit meets the beauty of Florida living. Your dream home awaits in this idyllic 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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