Price Reduction - Primary on Main
Address
55 Velma Drive W, LARGO, FL
Price
$ 522,500
Property Attributes
  • MLS#TB8536306
  • TypeSingle Family
  • Listing Status Active
  • CountyPinellas
  • CityLARGO
  • AreaLargo/Belleair Bluffs
  • NeighborhoodVELMA MANOR
  • Zip33770
  • StyleSingle Family Residence
  • Year Built1957
  • Taxes$ 8055
  • Price$ 522,500
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2021
  • Lot Size0.19 Acres
Data Source:
Stellar MLS
Property Description

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

Elementary School Middle School High School
Mildred Helms Elementary-PN Elementary School Largo Middle-PN Middle School Largo High-PN High School
Price History
8/6/2026 Listed $535,000
8/29/2026 2$522,500

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Connected,Electricity Connected,Public,Sewer Connected
Roof Shingle
Appliances Cooktop,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
Garage Spaces 2
Construction Materials Block,Stucco
Year Built 1957
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Pinellas
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name VELMA MANOR
Facing Direction West
Garage Y/N true
Total Rooms 5
Full Baths 3
Status Active
Directions Take West on Eat to Bay- turn right onto Velma Dr. The second house on the right hand side.
High School Largo High-PN
City LARGO
Senior Community Y/N false
MLS Area 33770 - Largo/Belleair Bluffs
Lot Size Units Square Feet
Lot Size Square Feet 8215
Carport Y/N false
Listing Terms Cash,Conventional,FHA,VA Loan
Elementary School Mildred Helms Elementary-PN
Land Lease Y/N false
Tax Annual Amount 8055.09
Home Warranty Y/N false
Middle/Junior High School Largo Middle-PN
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8536306
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 3
Virtual Tour https://view.nguyeningshotmediare.com/order/b90e07fa-72a2-4159-d53c-08deef7d9109
Legal Description VELMA MANOR BLK B, LOT 3 LESS N 6.2FT & N 3FT OF LOT 2
Minimum Lease 1-7 Days
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes

Interior Features

Interior Amenities Ninguno,Primary Bedroom Main Floor,Stone Counters
Flooring Ceramic Tile,Luxury Vinyl
Furnished Y/N Turnkey
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Garage
Total Bedrooms 5
LivingAreaSource Owner
Total Baths 3

Exterior Features

Exterior Amenities Outdoor Grill
Lot Features Cleared,City Lot
Water Source Public
Lot Size Area 8215
Foundation Details Slab
Spa false
Building Area Total 2682
Lot Dimensions 76 x 107
Lot Size Acres 0.19
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33770

Price
AVG $670K
$520K
Taxes
AVG $5,665
$8,055
Year Built
AVG 1961
1957

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Listed By
DALTON WADE INC with 888-668-8283. - 888-668-8283

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