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55 Velma Drive

LARGO, FL 33770
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Bed 5

Bed

Bath 3

Bath

SqFt2,021

Sqft

Acres0.19

Acre(Lot)

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

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Detail Ic Property Details

Property Type : Residential

Price : $535,000

AD Id : 89177565

MLS Id : MFRTB8536306

Beds : 5

Lot Size : 0.19 Acre

Living Area Size : 2,021

Year Built : 1957

Garage : 2

County : Pinellas

Subdivision: Velma Manor

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedroom: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Interior Features

    Ninguno, Primary Bedroom Main Floor, Stone Counters Roof: Shingle Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer Laundry Features: In Garage

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Ceramic Tile, Luxury Vinyl Construction Materials: Block, Stucco
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1957
  • Exterior Features

    Outdoor Grill Construction Materials: Block, Stucco Foundation Details: Slab

  • Lot Information

    Lot Dimensions: 76x107 Lot Description: Cleared, City Limits Lot Square Feet: 8215 Lot Acres: 0.19 Lot Size (SqMt): 763

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Listing Price Information

    Original List Price:$535000

  • Tax Information

    Tax Block: B Tax Book Number: 41-72 Tax Lot: 3 Tax Legal Description: VELMA MANOR BLK B, LOT 3 LESS N 6.2FT & N 3FT OF LOT 2 Annual Tax: $8055.09 Tax Year: 2025 Parcel Number: 33-29-15-93780-002-0030

  • School Information

    Elementary School: Mildred Helms Elementary-PN Junior High School: Largo Middle-PN Senior High School: Largo High-PN
  • Utility Information

    Cable Connected, Electricity Connected, Public, Sewer Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: VELMA MANOR City: LARGO Direction: Take West on Eat to Bay- turn right onto Velma Dr. The second house on the right hand side.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1270 8th Avenue, Largo, FL, 33770 $299,999 3 2 1,379 1,379 SqFt
1169 8th Avenue, Largo, FL, 33770 $330,000 4 2 1,620 1,620 SqFt
1144 Woodbrook Drive, Largo, FL, 33770 $454,900 3 2 1,484 1,484 SqFt
989 8th Avenue, Largo, FL, 33770 $445,500 2 2 1,386 1,386 SqFt
890 7th Avenue, Largo, FL, 33770 $348,000 3 1 1,195 1,195 SqFt
714 3rd Avenue, Largo, FL, 33770 $399,900 3 2 1,248 1,248 SqFt
730 8th Avenue, Largo, FL, 33770 $459,900 3 2 1,823 1,823 SqFt
610 1st Avenue, Largo, FL, 33770 $350,000 2 2 1,016 1,016 SqFt
1354 Rosery Road, Largo, FL, 33770 $459,900 3 2 1,543 1,543 SqFt
427 1st Avenue, Largo, FL, 33770 $335,000 2 1 900 900 SqFt
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ByOwner last updated this listing 08/16/2026 @ 06:20

MLS: MFRMLS #TB8536306 LISTED BY: Lee Nguyen, DALTON WADE INC 888-668-8283 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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