Velma Manor Homes with Block Exterior Construction

Welcome to Velma Manor, a hidden gem nestled in the heart of Belleair Bluffs, Florida. This charming subdivision offers a perfect blend of coastal living and suburban tranquility, making it an ideal place for families, retirees, and anyone looking to embrace the Florida lifestyle. With its serene tree-lined streets and friendly community atmosphere, Velma Manor is a place where neighbors become friends and memories are made.

The homes in Velma Manor are characterized by their sturdy block exterior construction, providing not only aesthetic appeal but also durability and energy efficiency. These solidly built residences are designed to withstand the elements while offering a comfortable and secure living environment. Each home showcases unique architectural features, ranging from spacious layouts to inviting outdoor spaces, perfect for enjoying the beautiful Florida weather year-round.

Residents of Velma Manor enjoy easy access to a variety of local amenities, including parks, shops, and dining options that reflect the vibrant culture of Belleair Bluffs. The nearby beaches are just a short drive away, allowing you to soak up the sun, take leisurely strolls along the shore, or engage in water activities whenever the mood strikes.

Whether you’re looking to buy your first home, downsize, or find a vacation retreat, Velma Manor offers a delightful community with homes that cater to diverse lifestyles. Experience the charm of Velma Manor, where comfort meets convenience in one of Florida’s most desirable locations. Come discover your new home today!

$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 with Block Exterior Construction

Newest Velma Manor Homes with Block Exterior Construction