Velma Manor Homes for Sale

Welcome to Velma Manor, a hidden gem nestled in the heart of Belleair Bluffs, Florida, within the picturesque Pinellas County. This charming subdivision offers a unique blend of serene suburban living and convenient access to the vibrant coastal lifestyle that the Sunshine State is renowned for. With its tree-lined streets and friendly community, Velma Manor is the perfect place to call home.

The homes for sale in Velma Manor boast a variety of architectural styles, catering to diverse tastes and preferences. From cozy single-family residences to spacious modern designs, each property is thoughtfully crafted to provide comfort and functionality. Many homes feature lush landscaping, inviting outdoor spaces, and the potential for customization, allowing you to create your own personal oasis.

Living in Velma Manor means enjoying the best of both worlds. Residents appreciate the tranquility of suburban life while being just moments away from the stunning Gulf Coast beaches, local parks, and recreational activities. The area is also conveniently located near shopping centers, dining options, and top-rated schools, making it an ideal spot for families and professionals alike.

With homes for sale in Velma Manor, you have the opportunity to join a welcoming community that values both privacy and connection. Whether you’re a first-time homebuyer or looking to make a change, this subdivision offers an inviting atmosphere and a lifestyle filled with sunshine and warmth. Explore the possibilities that await you in Velma Manor, where your dream home is just around the corner!

$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 for Sale

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