Courtesy of
- Listing Office: DALTON WADE INC
- Status: Active
- MLS ID: MFRTB8536306
Description
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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:
Show all description
- 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 - Virtual Tour: https://www.propertypanorama.com/instaview/stellar/TB8536306
Video
- Virtual tour: https://view.nguyeningshotmediare.com/order/b90e07fa-72a2-4159-d53c-08deef7d9109
- VirtualTourURLUnbranded: https://www.propertypanorama.com/instaview/stellar/TB8536306
Basics
- Bathrooms Half: 0
- Date added: Added 1 hour ago
- Category: Single Family Residence
- Type: Residential
- Bedrooms: 5
- Bathrooms: 3
- Half baths: 0
- Floors: 1
- Area, sq ft: 2021 sq ft
- Lot size, sq ft: 8215 sq ft
- Year built: 1957
- SubdivisionName: VELMA MANOR
- GarageSpaces: 2
Location
- CountyOrParish: Pinellas
- City / Department: LARGO
Location Details
- Elementary School: Mildred Helms Elementary-PN
- Middle Or Junior School: Largo Middle-PN
- High School: Largo High-PN
Property Features
- Interior Features: Ninguno, Primary Bedroom Main Floor, Stone Counters
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Flooring: Ceramic Tile, Luxury Vinyl
- Laundry Features: In Garage
- Garage YN: Yes
- Attached Garage YN: Yes
- Garage Spaces: 2
- Exterior Features: Outdoor Grill
- Roof: Shingle
- Water Source: Public
- Sewer: Public Sewer
- Cooling: Central Air
- Heating: Central
- Furnished: Turnkey
Property Details
- Subdivision Name: VELMA MANOR
- Direction Faces: West
- Construction Materials: Block, Stucco
Fees&Taxes
- Tax Year: 2025
- Tax Annual Amount: $8,055
Amenities & Features
- Waterfront available: No
- GarageYN: Yes
- AttachedGarageYN: Yes
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: Central Air
- ExteriorFeatures: Outdoor Grill
- Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected
- Features:
- Amenities:
