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55 VELMA DRIVE W, LARGO, FL - photo 1

$499,000

55 VELMA DRIVE W

LARGO, FL 33770

Estimated payment $3,098/month

no HOA · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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5Beds
3Baths
2,021Sq Ft
$247Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

No HOA
Garage
Built in 1957
8,215 sqft Lot

About This Home

SELLERS ATE MOTIVATED! THE PRICE TO SELL! 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

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:5
  • •Bathrooms:3
  • •Full bathrooms:3
  • •Half bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:2,021 sqft
  • •Total interior livable area:2,021 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:8,215 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Single Family Residence
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1957

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Price history

DateEventPrice
2026-08-06T00:00:00.000ZListed for sale$499,000$247/sqft

Listing Agent

Lee Nguyen

DALTON WADE INC

Brokerage Phone: 888-668-8283

Source: Stellar MLS · MLS #TB8536306

Data Powered by Home Junction, Inc.

Nearby

Schools

MILDRED HELMS ELEMENTARY SCHOOL

Elementary · 0.6 mi

DROPOUT PREVENTION SCHOOL

Elementary · 0.8 mi

FAMILY EMPOWERMENT SCHOLARSHIP PROGRAM

0.8 mi

Supermarkets

Amish Country Store

0.3 mi

People Helping People

0.4 mi

Publix

0.5 mi

Dining

Dunkin'

0.2 mi

McDonald's

0.3 mi

Key2Health

0.4 mi

Parks

Lake Villa Park

0.8 mi

Magnolia Park

0.8 mi

Ulmer Park

0.9 mi

Beaches

Belleair Beach

2.4 mi

Clearwater Beach

4.9 mi

Hubbard's Beach

9.3 mi

Nearby amenity locations include data © OpenStreetMap contributors.