Velma Manor Real Estate

Velma Manor Real Estate

Welcome to Velma Manor, a charming subdivision nestled in the heart of Belleair Bluffs, Pinellas County, Florida. This sought-after community offers a perfect blend of tranquility and convenience, making it an ideal place to call home.

Velma Manor is known for its well-maintained properties, lush landscaping, and friendly atmosphere. Residents here enjoy the benefits of a close-knit community while being just a short drive away from the vibrant city life. Whether you're looking for a cozy single-family home or a spacious townhouse, Velma Manor has a variety of housing options to suit every lifestyle.

Living in Velma Manor means having easy access to top-rated schools, pristine beaches, shopping centers, dining options, and recreational activities. With its prime location, residents can enjoy all the perks of coastal living without sacrificing the convenience of urban amenities.

If you're looking for a place that offers a perfect balance of serenity and excitement, Velma Manor in Belleair Bluffs is the place to be. Come and discover why so many people are proud to call this community home.

Newest Listings in Velma Manor

$535,000
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

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