Velma Manor Homes for Sale

Welcome to Velma Manor, a hidden gem nestled in the charming city of Belleair Bluffs, Florida. This delightful subdivision, located in the heart of Pinellas County, offers a serene escape while still being conveniently close to the vibrant coastal lifestyle that the Sunshine State is known for.

Velma Manor is characterized by its picturesque streets lined with mature trees, creating a tranquil atmosphere that residents cherish. The homes here are a beautiful blend of classic Florida architecture and modern amenities, making them perfect for families, retirees, and everyone in between. With a variety of floor plans and styles available, you’re sure to find the ideal home that fits your lifestyle and preferences.

One of the standout features of Velma Manor is its close proximity to stunning Gulf Coast beaches, renowned golf courses, and a plethora of parks and recreational options. Residents enjoy easy access to local shops, fine dining, and cultural attractions, ensuring that there’s always something to explore.

Currently, there are fantastic homes for sale in Velma Manor, each offering unique characteristics and inviting spaces. Whether you’re looking for a cozy retreat or a spacious family home, the properties in this subdivision are sure to impress.

Experience the best of Florida living in Velma Manor, where community spirit and natural beauty come together seamlessly. Don’t miss your chance to be a part of this welcoming neighborhood—your dream home awaits!

$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

Velma Manor Homes for Sale

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