Velma Manor Real Estate

Welcome to Velma Manor, a hidden gem nestled in the heart of Belleair Bluffs, Florida. This charming subdivision is renowned for its tranquil atmosphere and friendly community, making it the perfect place to call home. With its picturesque tree-lined streets and beautifully maintained properties, Velma Manor offers a serene retreat just moments away from the vibrant coastal lifestyle that the Gulf Coast is famous for.

Located in Pinellas County, Velma Manor is ideally situated for those who appreciate both relaxation and recreation. Residents enjoy easy access to stunning beaches, lush parks, and a variety of shopping and dining options. The nearby Clearwater Beach, consistently ranked among the best in the nation, is just a short drive away, providing endless opportunities for sun-soaked days and breathtaking sunsets.

The subdivision features a mix of charming single-family homes, each with its unique character and style. Whether you're a first-time homebuyer or looking to downsize, Velma Manor offers a variety of options to suit your needs. The community is known for its strong sense of camaraderie, with neighbors frequently gathering for social events and community activities.

Families will appreciate the excellent schools in the area, as well as the abundance of recreational facilities, including parks and playgrounds. With its ideal location, friendly atmosphere, and beautiful surroundings, Velma Manor is more than just a place to live—it's a lifestyle. Come discover the warmth and charm of this delightful subdivision in Belleair Bluffs, where your dream home awaits!

$522,500

5 Beds ⋅ 3 Baths ⋅ Velma Manor SubDv.

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, Belleair Bluffs

Velma Manor Real Estate

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