Velma Manor Real Estate

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 destination for families, retirees, and anyone seeking a peaceful lifestyle just moments away from the vibrant Gulf Coast.

Velma Manor boasts a picturesque setting adorned with lush greenery and well-maintained homes, each reflecting the unique character of the community. With its friendly atmosphere and close-knit neighbors, residents enjoy a sense of belonging that is often hard to find in larger developments. The streets are lined with mature trees, offering shaded walkways perfect for evening strolls or morning jogs.

One of the standout features of Velma Manor is its proximity to some of Florida's most beautiful beaches. Just a short drive away, you’ll find the sparkling sands of Indian Rocks Beach and Clearwater Beach, where you can soak up the sun, enjoy water sports, or indulge in fresh seafood at local eateries. Additionally, the area is rich in recreational opportunities, with nearby parks, golf courses, and nature trails that invite outdoor enthusiasts to explore.

Families will appreciate the highly-rated schools in the vicinity, while local shopping and dining options cater to all tastes. Whether you're looking for a cozy café or a boutique shop, Belleair Bluffs has it all.

Experience the charm of Velma Manor, where community spirit and coastal living come together to create a truly enchanting place to call home. Discover your dream property in this idyllic subdivision today!

$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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