Velma Manor Homes for Sale

Welcome to Velma Manor, an enchanting subdivision nestled in the heart of Belleair Bluffs, Florida. Known for its serene atmosphere and charming neighborhoods, Velma Manor offers a unique blend of coastal living and suburban tranquility. Residents are treated to beautiful tree-lined streets, well-maintained properties, and a welcoming community spirit that makes this area a hidden gem in Pinellas County.

The homes for sale in Velma Manor reflect a delightful mix of architectural styles, catering to a variety of tastes and lifestyles. Whether you’re searching for a cozy bungalow or a spacious family home, you will find properties that showcase both comfort and charm. Many homes feature lush landscaping, inviting outdoor spaces, and modern amenities, making them perfect for both relaxation and entertaining.

Living in Velma Manor means you’re just moments away from the stunning Gulf Coast beaches, where you can soak up the sun, enjoy water sports, or take leisurely walks along the shore. The subdivision is also conveniently located near a plethora of shopping, dining, and recreational options, ensuring that everything you need is just a short drive away.

With a strong sense of community and an ideal location, Velma Manor is not just a place to live; it’s a place to thrive. Explore the current homes for sale and discover how you can become a part of this vibrant neighborhood. Embrace the Florida lifestyle in Velma Manor, where your dream home awaits!

$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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