Photo of 55 VELMA DRIVE W in Largo

Active

55 Velma Dr W, Largo, FL 33770

MLS TB8536306

$535,000

Est. $2,748/mo principal and interest at 6.65% with 20% down

5 bd · 3.0 ba · 2,021 sqft · Single Family Residence

About this home

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: '' '' '' '' '' ''

Key facts

Type
Single Family Residence
Size
2,021 sqft
Bedrooms
5
Bathrooms
3.0
Avg. price per sqft
$265
County
Pinellas
MLS number
TB8536306
Status
Active
Property address
55 Velma Dr W, Largo, FL 33770

Where is this home?

Common questions

How much is 55 Velma Dr W, Largo, FL 33770 listed for?

55 Velma Dr W, Largo, FL 33770 in Largo, FL is listed at $535,000 (about $2,748/mo principal and interest at 6.65% with 20% down).

How many bedrooms and bathrooms does 55 Velma Dr W, Largo, FL 33770 have?

55 Velma Dr W, Largo, FL 33770 has 5 bedrooms, 3.0 bathrooms, and 2,021 square feet.

Who can show 55 Velma Dr W, Largo, FL 33770 in Largo?

Jonathan Loescher is a Tampa Bay Realtor and Loan Originator. He can tour this home, compare nearby listings, and work the financing with you.

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