55velmadrivewlargofl33770
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5 Beds
3 Full baths
2,021SqFt
Active
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
Property Details | ||
|---|---|---|
| Price | $535,000 | |
| Bedrooms | 5 | |
| Full Baths | 3 | |
| Half Baths | 0 | |
| Lot Size | 76 x 107 | |
| Lot Size Area | 8215 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.19 | |
| Property Type | Residential | |
| Sub type | SingleFamilyResidence | |
| MLS Sub type | Single Family Residence | |
| Features | Ninguno, Primary Bedroom Main Floor, Stone Counters | |
| Exterior Features | Outdoor Grill | |
| Year Built | 1957 | |
| Subdivision | VELMA MANOR | |
| Roof | Shingle | |
| Heating | Central | |
| Foundation | Slab | |
| Lot Description | Cleared, City Lot | |
| Laundry Features | In Garage | |
| Garage spaces | 2 | |
Geographic Data | ||
| Directions | Take West on Eat to Bay- turn right onto Velma Dr. The second house on the right hand side. | |
| County | Pinellas | |
| Latitude | 27.917469 | |
| Longitude | -82.806039 | |
| Market Area | 33770 - Largo/Belleair Bluffs | |
Address Information | ||
| Address | 55 VELMA DRIVE W, LARGO, FL 33770 | |
| Postal Code | 33770 | |
| City | LARGO | |
| State | FL | |
| Country | United States | |
Listing Information | ||
| Listing Office | DALTON WADE INC | |
| Listing Agent | Lee Nguyen | |
| Special listing conditions | None | |
| Ownership | Fee Simple | |
| Terms | Cash, Conventional, FHA, VA Loan | |
School Information | ||
| Elementary School | Mildred Helms Elementary-PN | |
| Middle School | Largo Middle-PN | |
| High School | Largo High-PN | |
MLS Information | ||
| Days on market | 0 | |
| MLS Status | Active | |
| Listing Date | Aug 6, 2026 | |
| Listing Last Modified | Aug 6, 2026 | |
| Tax ID | 332915937800020030 | |
| Tax Year | 2025 | |
| Tax Annual Amount | 8055 | |
| MLS Area | 33770 - Largo/Belleair Bluffs | |
| MLS # | TB8536306 | |
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This information is believed to be accurate, but without any warranty.
