55 VELMA DRIVE W, LARGO, FL 33770

Description of 55 VELMA DRIVE W, LARGO, FL 33770

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 for 55 VELMA DRIVE W, LARGO, FL 33770

Bathrooms Full

3

Bathrooms Half

0

Interior Features

Ninguno, Primary Bedroom Main Floor, Stone Counters

Appliances

Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Flooring

Ceramic Tile, Luxury Vinyl

Heating

Central

Cooling

Central Air

Furnished

Turnkey

Garage Spaces

2

Attached Garage

Yes

Pool Private

No

Property Condition

Completed

Direction Faces

West

Building Information for 55 VELMA DRIVE W, LARGO, FL 33770

Building Area Total

2682

Building Area Units

Square Feet

Stories Total

1

Association

No

Property Information for 55 VELMA DRIVE W, LARGO, FL 33770

Lot Features

Cleared, City Lot

Lot Size Square Feet

8,215

Waterfront

No

View

No

Construction Materials

Block, Stucco

Roof

Shingle

Exterior Features

Outdoor Grill

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 55 VELMA DRIVE W, LARGO, FL 33770

Parcel Number

332915937800020030

Tax Annual Amount

$8,055

Tax Year

2025

Tax Legal Description

VELMA MANOR BLK B, LOT 3 LESS N 6.2FT & N 3FT OF LOT 2

County Or Parish

Pinellas

Schools Near 55 VELMA DRIVE W, LARGO, FL 33770

Elementary School

Mildred Helms Elementary-PN

Middle School

Largo Middle-PN

High School

Largo High-PN

School assignments are provided by the listing and should be independently verified.

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