Price Changed

55 velma drive w

LARGO, FL 33770

$522,500

5 BEDS 3 BATHS
2,021 SQFT0.18 AC LOT
Residential - Single Family
Price Changed
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Bedrooms 5
Total Baths 3
Full Baths 3
Square Feet 2021
Acreage 0.19
Status Active
MLS # TB8536306
County Pinellas
More Info
Category Residential - Single Family
Status Active
Square Feet 2021
Acreage 0.19
MLS # TB8536306
County Pinellas
Listed By: Listing Agent Lee V. Nguyen
DALTON WADE INC - (888) 668-8283
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

Exterior Features

  • Construction Single Family Residence
  • Siding Block, Stucco
  • Roof Shingle
  • Garage Yes
  • Garage Description 2 Garage Spaces
  • Water Public
  • Sewer Public Sewer
  • Lot Dimensions 76x107
  • Lot Description Cleared, City Limits

Interior Features

  • Appliances Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Heating Central
  • Cooling Central Air
  • Basement Slab
  • Living Area 2,021 SQFT
  • Year Built 1957

Neighborhood & Schools

  • Subdivision VELMA MANOR
  • Elementary School Mildred Helms Elementary-PN
  • Middle School Largo Middle-PN
  • High School Largo High-PN

Financial Information

  • Parcel ID 33-29-15-93780-002-0030

Listing Information

Listing Provided Courtesy of DALTON WADE INC - (888) 668-8283
Listings courtesy of the My Florida Regional MLS DBA Stellar MLS as distributed by MLS GRID.

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Listing data is current as of 09/11/2026.

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