For SaleSingle Family ResidenceActive
55 Velma Drive W
Largo, FL 33770
$499,000
95 Days On Site
- 5Beds
- 3Baths3 full
- 2,021Sq Ft
- $247Per Sq Ft
- 0.19Acres
- 1957Built
- Subdivision
- Velma Manor
- County
- Pinellas
- MLS®
- TB8536306
Overview
SELLERS ATE MOTIVATED! THE PRICE TO SELL!
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
Listing Snapshot
- Price
- $499,000
- Days On Site
- 95 Days
- Bedrooms
- 5
- Inside Area (SqFt)
- 2,021 sqft
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Lot Size
- 0.19 Acres
- Year Built
- 1957
- MLS® Number
- TB8536306
- Status
- Active
- Property Tax
- $8,055.09 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Owner
Property Details
General Features
14 items
- Acres
- 0.19
- Attached Garage
- Yes
- Direction Faces
- West
- Foundation
- Slab
- Garage
- Yes
- Garage Spaces
- 2
- Levels
- One
- Number Of Stories
- 1
- Parking
- Attached
- Property Sub Type
- Single Family Residence
- Sewer
- Public Sewer
- SqFt Total
- 2,682
- Utilities
- Cable Available, Cable Connected, Electricity Connected, Sewer Connected
- Water Source
- Public
Interior Features
11 items
- Appliances
- Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Cooling
- Central Air
- Flooring
- Ceramic Tile
- Heating
- Central
- Interior
- Stone Counters
- Laundry Features
- In Garage
Rooms
| Room | Dimensions | Level | Features |
|---|---|---|---|
| Bedroom 1 | 13x14 | ||
| Bedroom 2 | 14x10 | ||
| Kitchen | 17x11 | ||
| Living Room | 17x16 | ||
| Master Bedroom | 20x12 |
Exterior Features
4 items
- Construction Details
- Block, Stucco
- Exterior
- Outdoor Grill
- Lot Features
- Cleared
- Roof
- Shingle
Community Features
4 items
- MLS Area
- 33770 - Largo/Belleair Bluffs
- Township
- 29
- Financing Terms Available
- Cash, Conventional, FHA, VA Loan
- Roads
- Paved
Location
55 Velma Drive W, Largo, FL 33770 · 33770 - Largo/Belleair Bluffs
Neighborhood & Commute
ZIP Code 33770
- Median household income
- $57,405
- Income per person
- $36,058
- Households
- 12,323
- Average household size
- 2.02
- Median age
- 51.5
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Schools
- Elementary School
- Mildred Helms Elementary-PN
- Middle School
- Largo Middle-PN
- High School
- Largo High-PN
Price & Status History
- Listing updated with changes from the MLS®
- Price changed to $499,000
- Listing first seen on site
- Status changed to Active
Friends & Family
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