Velma Manor Homes with Block Exterior Construction

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 convenience, making it an ideal choice for families, retirees, and anyone looking to embrace the Florida lifestyle. With its picturesque tree-lined streets and friendly neighbors, Velma Manor provides a warm and inviting atmosphere that feels like home from the moment you arrive.

One of the standout features of homes in Velma Manor is their robust block exterior construction. This durable building method not only enhances the longevity and structural integrity of the homes but also contributes to energy efficiency, helping homeowners save on utility bills. The solid construction ensures that residents can enjoy a peaceful living environment, shielded from the hustle and bustle of everyday life.

Located in Pinellas County, Velma Manor is just a stone's throw away from beautiful beaches, lush parks, and vibrant local shops. Residents can take advantage of the nearby waterfront, perfect for enjoying sunny days or engaging in various water activities. The area is also known for its excellent schools and community amenities, ensuring that families have access to everything they need for a fulfilling lifestyle.

Whether you're seeking a cozy retreat or a place to raise a family, Velma Manor has something for everyone. Discover the charm of this enchanting subdivision and find your dream home in Belleair Bluffs 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 Homes with Block Exterior Construction

Newest Velma Manor Homes with Block Exterior Construction