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 is a delightful blend of tranquility and convenience, making it an ideal choice for families, retirees, and anyone seeking the perfect coastal lifestyle in Pinellas County.

One of the standout features of Velma Manor is its unique appeal as a community with no deed restrictions. This means homeowners enjoy the freedom to personalize their properties without the limitations often imposed by traditional neighborhoods. Whether you envision a vibrant garden, a cozy outdoor retreat, or a creative renovation, Velma Manor offers the flexibility to make your home truly yours.

The homes in Velma Manor reflect a variety of architectural styles, providing a diverse yet cohesive aesthetic throughout the community. Each residence is set against the backdrop of lush landscaping and the gentle Florida sunshine, creating a warm and inviting atmosphere. With spacious yards and mature trees, residents can relish outdoor living and the joys of nature right at their doorstep.

Location is key, and Velma Manor does not disappoint. Just minutes away, you’ll find pristine beaches, charming boutiques, and delightful dining options, ensuring that every day feels like a vacation. The community is also conveniently located near top-rated schools, parks, and recreational facilities, making it a perfect setting for families of all sizes.

Experience the charm and freedom of Velma Manor, where your dream home awaits in the picturesque Belleair Bluffs. Embrace a lifestyle filled with sunshine, community spirit, and endless possibilities!

$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