Velma Manor Real Estate

Welcome to Velma Manor, a hidden gem nestled in the picturesque Belleair Bluffs, Florida. This charming subdivision offers a unique blend of tranquility and convenience, making it an ideal place to call home. With its lush, tree-lined streets and beautifully maintained properties, Velma Manor exudes a warm and inviting atmosphere that appeals to families, retirees, and everyone in between.

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 shoreline. The vibrant community of Belleair Bluffs is known for its friendly ambiance and local amenities, including boutique shops, delightful dining options, and parks perfect for outdoor activities.

Residents of Velma Manor enjoy the best of both worlds: a serene suburban lifestyle with easy access to the bustling attractions of nearby Clearwater and St. Petersburg. Whether you're looking to explore the local art scene, indulge in waterfront dining, or partake in various recreational activities, everything you need is just a short drive away.

The homes in Velma Manor reflect a variety of architectural styles, catering to diverse tastes and preferences. With spacious yards and inviting outdoor spaces, this subdivision encourages a sense of community and connection among neighbors.

If you're seeking a place that combines comfort, charm, and convenience, Velma Manor in Belleair Bluffs is the perfect choice. Come discover the enchanting lifestyle that awaits you in 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 Real Estate

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