55 VELMA DR W, Largo, FL 33770
55 VELMA DR W, Largo, FL 33770
55 VELMA DR W, Largo, FL 33770
55 VELMA DR W, Largo, FL 33770
55 VELMA DR W, Largo, FL 33770
55 VELMA DR W, Largo, FL 33770
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$ 535,000
Est. payment | /mo

5 Beds

3 Baths

2,021 SqFt


$ 535,000
Est. payment | /mo

5 Beds

3 Baths

2,021 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,021 sqft

Price per Sqft $264

Subdivision Velma Manor

MLS Listing ID TB8536306

Bedrooms 5

Full Baths 3

Construction Status Completed

HOA Y/N No

Year Built 1957

Annual Tax Amount $8,055

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 76x107

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

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

Location

State FL

County Pinellas

Community Velma Manor

Area 33770 - Largo/Belleair Bluffs

Direction W

Interior

Interior Features Ninguno, Primary Bedroom Main Floor, Stone Counters

Heating Central

Cooling Central Air

Flooring Ceramic Tile, Luxury Vinyl

Furnishings Turnkey

Fireplace false

Appliance Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Laundry In Garage

Exterior

Exterior Feature Outdoor Grill

Garage Spaces 2.0

Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected

View Y/N No

Water Access No

Roof Type Shingle

Attached Garage true

Exposure West

Garage true

Private Pool No

Building

Lot Description Cleared, City Limits

Story 1

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Unit Floor 1

Structure Type Block,Stucco

New Construction false

Construction Status Completed

Schools

Elementary Schools Mildred Helms Elementary-Pn

Middle Schools Largo Middle-Pn

High Schools Largo High-Pn

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8536306

Stellar MLS
Listed by Lee Nguyen DALTON WADE INC

AROUND THE AREA

Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Education
Pets
  • Smokin’ Rib Shack

    600 W Bay Dr, Largo, FL 33770

    Caterers Phone: 727-501-9090

  • Pizza Babes

    1921 West Bay Dr, Largo, FL 33770

    Pizza Phone: 727-501-1208

  • Thai Basil II

    1700 W Bay Dr, Largo, FL 33770

    Thai Phone: 727-518-7705

  • Papa John’s Pizza

    1886 W Bay Dr, Largo, FL 33770

    Pizza Phone: 727-584-7272

  • Ristorante Firenze

    118 W Bay Dr, Largo, FL 33770

    Italian Phone: 727-223-9916

  • Dueces Sports Bar & Grill

    426 W Bay Dr, Largo, FL 33770

    American (Traditional) Phone: 727-210-3376

  • Bella Dora’s Pizza and Pasta

    131 Clearwater Largo Rd N, Largo, FL 33770

    Pizza Phone: 727-581-5000

  • The Caffeine Gourmet

    220 W Bay Dr, Largo, FL 33770

    Cafes Phone: 727-581-3515

  • Pappas’george Restaurant of Largo

    607 Clearwater Largo Rd N, Largo, FL 33770

    Phone: 727-584-6235

  • McDonald’s

    1250 West Bay Dr, Largo, FL 33770

    Fast Food Phone: 727-581-9626

  • Gulf Coast Po Boys

    312 W Bay Dr, Largo, FL 33770

    Sandwiches Phone: 727-585-8000

  • Cody’s Original Roadhouse

    2890 W Bay Dr, Belleair Blf, FL 33770

    Steakhouses Phone: 727-584-8473

  • West Bay Pizza

    1280 W Bay Dr, Largo, FL 33770

    Salad Phone: 727-314-4000

  • Subway

    1886 W Bay Dr, Largo, FL 33770

    Fast Food Phone: 727-581-3295

  • Subway

    Walmart On Missouriave, Largo, FL 33770

    Sandwiches Phone: 727-518-2815

  • Wendy’s

    6000 Missouri Ave N, Largo, FL 33770

    Fast Food Phone: 727-586-6213

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55 VELMA DR W

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Griffin Cook
Griffin Cook

Luxury Realtor

+1(513) 960-7448 | thecookgrouptcg@gmail.com

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