Velma Manor Real Estate

Welcome to Velma Manor, a hidden gem nestled in the charming city of Belleair Bluffs, Florida. This delightful subdivision offers a unique blend of tranquility and vibrant community living, making it an ideal choice for families, retirees, and anyone seeking a serene coastal lifestyle.

Velma Manor is characterized by its lush landscaping and beautifully maintained properties, creating an inviting atmosphere that instantly feels like home. The subdivision features a variety of architectural styles, from quaint single-family homes to modern builds, ensuring there's something to suit every taste. Residents enjoy spacious yards and friendly neighbors, fostering a sense of community that is hard to find elsewhere.

Located in the heart of Pinellas County, Velma Manor is just minutes away from the stunning Gulf Coast beaches, where you can soak up the sun or enjoy a leisurely stroll along the shore. The area is also rich in recreational opportunities, with nearby parks, golf courses, and waterfront activities that cater to outdoor enthusiasts. Belleair Bluffs boasts a vibrant dining scene, with an array of local restaurants and cafes that offer everything from fresh seafood to international cuisine.

Convenience is key in Velma Manor, as residents have easy access to shopping centers, healthcare facilities, and top-rated schools. The subdivision is also well-connected to major highways, making commutes to neighboring cities a breeze.

Whether you're looking for a peaceful retreat or an active lifestyle, Velma Manor in Belleair Bluffs is the perfect place to call home. Experience the best of Florida living in this charming community!

$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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