Juan Moreno
BEDS5
BATHS3 full
SQUARE FEET2,021
MLS#TB8536306
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONVELMA MANOR
Property 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 POTENTIALBased 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 layoutProjections 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 Features
Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2 car attached
Heating: Central
Lot Size: 0.19 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $8,055
Year Built: 1957
Amenities
Ninguno
Primary Bedroom Main Floor
Stone Counters
Outdoor Grill
Feature Descriptions
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Directions: Take West on Eat to Bay- turn right onto Velma Dr. The second house on the right hand side.
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Ceramic Tile, Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot: Cleared, City Limits
Lot Dimensions: 0.19
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Combination Lock Box
Special Sale Provisions: None
Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected
Water: Public
Water Access Y/N: No
Room Sizes
Primary Bedroom: 20x12
Bedroom 1: 13x14
Bedroom 2: 14x10
Living Room: 17x16
Kitchen: 17x11
Local Schools
High School: Largo High-PN
Middle School: Largo Middle-PN
Elementary School: Mildred Helms Elementary-PN
Listed By / Shown By
Listed By
Agency Name: DALTON WADE INC
Agency Contact: 888-668-8283
Shown By
Agent Name: Juan Moreno
Agent Phone: Cell: (754) 317-1284
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 2,017.97 per month $1,190.68 Principal & Interest $671.25 Property Tax $156.04 Homeowner's InsuranceChange Payment Information
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55 Velma Drive W | MLS# TB8536306
This single family home located at 55 Velma Drive W, Largo, FL 33770 is currently listed for sale with an asking price of $535,000. This property was built in 1957 and has 5 bedrooms and 3 full baths with 2021 sq. ft. Velma Drive W is located in the VELMA MANOR subdivision. Search VELMA MANOR real estate on jmoreno.realty100.com today.