What is the Asking Price?

The current asking price for this property is $535,000. Please contact me here for further details about this property.

What are the Property's Features?

This home features : 5 beds, 3 baths, 2,021 sqft, 0.19 acres lot, built in 1957, 35 pictures.

Where is the property located?

Property is located at 55 VELMA DR W, LARGO, FL, US. You can view this listing on our map here .

Largo home for sale - 55 Velma Dr W,FL 33770

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55 VELMA DR W, LARGO, 33770

$535,000
5 Beds, 3 Baths , 2,021 Sq.Ft
County: Pinellas
Subdivision: VELMA MANOR

Property highlights

MLS#: TB8536306
8,215.00 lot size Sq.Ft.
Year built: 1957
Floor: 1
Parking spaces: 2

Listed: 08/06/2026
Taxes: $8,055.09
Virtual Tour

Property Overview

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

Driving directions : Take West on Eat to Bay- turn right onto Velma Dr. The second house on the right hand side.

Property Features

Rooms	Dimension	Description
Primary Bedroom	20x12	First level , Engineered Hardwood
Bedroom 1	13x14	First level , Luxury Vinyl
Bedroom 2	14x10	First level , Luxury Vinyl
Living Room	17x16	First level
Kitchen	17x11	First level

Interior Features

Ninguno
Primary Bedroom Main Floor
Stone Counters

Appliances

Cooktop
Dishwasher
Disposal
Dryer
Microwave
Range
Refrigerator
Washer

Heating

Central

Laundry features

In Garage

Air Conditioning

Central Air

Floor Covering

Ceramic Tile
Luxury Vinyl

Utilities

Cable Connected
Electricity Connected
Public
Sewer Connected

Exterior features

Outdoor Grill

Construction Materials

Block
Stucco

Road Surface Type

Paved

Property Condition

Completed

Roof

Shingle

Foundation

Slab

Lot Features

Cleared
City Limits

School Information

Elementary school: Mildred Helms Elementary-PN View more listings
Middle school: Largo Middle-PN View more listings
High school: Largo High-PN View more listings

Listing information courtesy of DALTON WADE INC

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Listing data comes from My Florida Regional MLS.