Velma Manor Homes for Sale

Welcome to Velma Manor, a hidden gem nestled in the picturesque Belleair Bluffs, Florida. This charming subdivision is a perfect blend of tranquility and modern living, making it an ideal choice for families, retirees, and anyone seeking a serene lifestyle amidst the beauty of Pinellas County.

Velma Manor is characterized by its quaint streets lined with lush trees and well-maintained properties, creating an inviting atmosphere that feels like home. The community is known for its friendly neighbors and a strong sense of camaraderie, where residents often come together for neighborhood gatherings and events. With its close proximity to the stunning Gulf Coast beaches, you can enjoy sun-soaked days and breathtaking sunsets just minutes from your front door.

The homes for sale in Velma Manor offer a diverse range of styles and sizes, catering to various preferences and budgets. From cozy single-family homes to spacious residences perfect for entertaining, there’s something for everyone here. Many properties boast modern upgrades, expansive yards, and inviting outdoor spaces, ideal for enjoying Florida’s year-round sunshine.

In addition to the beautiful homes, Velma Manor is conveniently located near top-rated schools, shopping centers, and dining options, ensuring that all your needs are just a stone's throw away. Whether you’re looking for a peaceful retreat or a vibrant community to call your own, Velma Manor is the perfect place to start your next chapter. Explore the available homes for sale today and discover the charm and allure of 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 Homes for Sale

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