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 offers a unique blend of tranquility and convenience, making it the perfect place to call home. With its inviting atmosphere and picturesque surroundings, Velma Manor is a community that truly stands out.

One of the most appealing aspects of Velma Manor is its homes, which come with the added benefit of no deed restrictions. This means homeowners enjoy the freedom to personalize their properties without the constraints often found in other neighborhoods. Whether you envision a vibrant garden, a cozy outdoor space, or a workshop for your hobbies, Velma Manor encourages you to make your home truly yours.

The location of Velma Manor is simply unbeatable. Situated in Pinellas County, residents benefit from the serene coastal lifestyle while being just a stone's throw away from the bustling attractions of Clearwater and St. Petersburg. Enjoy easy access to pristine beaches, delightful dining options, and vibrant shopping districts, all while returning to the peaceful oasis that Velma Manor provides.

Community extras abound in this delightful neighborhood. With friendly neighbors and a welcoming atmosphere, you'll find a strong sense of camaraderie here. The lush landscaping and tree-lined streets invite evening strolls and weekend gatherings, creating a perfect setting for both relaxation and connection.

In Velma Manor, you’re not just buying a home; you’re investing in a lifestyle. Discover the charm of this no-deed-restriction community and make Velma Manor your new home 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 No Deed Restriction Community Extras

Newest Velma Manor Homes with No Deed Restriction Community Extras