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$522,500

55 Velma Dr

Largo, FL
Active
5
Bedrooms
3
Bathrooms
2,682
Square Feet
0.19
Lot Size (acres)
1957
Year Built
58
Days On Market

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

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Listing Information

Listing Updated
08/31/2026
Listed By
Lee Nguyen, 7276980600 · DALTON WADE INC, 8886688283
MLS#
TB8536306
Source
Stellar MLS
Status
Active

Facts & Features

Location

Community Information

Address
55 Velma Dr, Largo, FL 33770
City
Largo
County
Pinellas
Neighborhood
VELMA MANOR
Zip Code
33770

Architecture

Bedrooms
5
Bathrooms
3
Stories
1
Year Built
1957
Construction Materials
Stucco, Block
Building Area
2,682 sq. ft.
Foundation
Slab
Roof
Shingle
Levels
One
Garage
Yes
Garage Spaces
2
Parking Features
Attached

Features & Amenities

Interior Features
Stone Counters
Appliances
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Range, Disposal, Cooktop
Flooring
Ceramic Tile
Exterior Features
Outdoor Grill
Cooling
Central Air
Heating
Central

Property Features

Lot Size
0.19 Acres
Lot Features
Cleared
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Cable Connected, Electricity Connected, Sewer Connected

Square Footage

Total
2,021 sq. ft.

Tax & Financial Information

List Price
$522,500
Annual Taxes
$8,055

Schools

100/100
Ponce De Leon Elementary School
Elementary · Grades PK–05 · 1.8 mi
City
Clearwater
Students
596
Student body
35% White · 31% Hispanic / Latino · 26% Black
Free/reduced lunch
55%
Phone
(727) 588-3573
99/100
Ridgecrest Elementary School
Elementary · Grades PK–05 · 1.3 mi
City
Largo
Students
809
Parent reviews
5.0★ avg · 2 reviews
Student body
48% White · 23% Black · 12% Asian
Free/reduced lunch
40%
Phone
(727) 588-3580
99/100
Gulf Coast Academy
Grades 09–12 · 1.9 mi
City
Largo
Students
333
Student body
54% White · 22% Hispanic / Latino · 20% Black
Free/reduced lunch
44%
Phone
(727) 474-8836
98/100
Largo Middle School
Middle · Grades 06–08 · 1.5 mi
City
Largo
Students
822
Parent reviews
2.6★ avg · 5 reviews
Student body
46% White · 27% Hispanic / Latino · 18% Black
Free/reduced lunch
44%
Phone
(727) 588-4600
59/100
Fuguitt Elementary School
Elementary · Grades PK–05 · 2.4 mi
City
Largo
Students
488
Parent reviews
3.0★ avg · 2 reviews
Student body
52% White · 21% Black · 17% Hispanic / Latino
Free/reduced lunch
68%
Phone
(727) 588-3576
58/100
Pinellas Academy Of Math And Science
Elementary · Grades KG–08 · 2.2 mi
City
Largo
Students
518
Parent reviews
2.8★ avg · 5 reviews
Student body
69% White · 13% Hispanic / Latino · 9% Black
Free/reduced lunch
9%
Phone
(727) 330-9449
56/100
Dropout Prevention School
7th & Above · Grades PK–12 · 0.8 mi
City
Largo
Students
233
Student body
44% White · 33% Black · 19% Hispanic / Latino
Free/reduced lunch
40%
Phone
(727) 588-6069
55/100
Belleair Elementary School
Elementary · Grades PK–05 · 2.5 mi
City
Clearwater
Students
647
Parent reviews
2.0★ avg · 1 review
Student body
53% Hispanic / Latino · 22% Black · 19% White
Free/reduced lunch
67%
Phone
(727) 469-5983

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/30/2026Price change$522,500
08/06/2026Listed for sale$535,000

Listed by Lee Nguyen · DALTON WADE INC · 8886688283

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: August 31, 2026 at 7:07 AM | Source: Stellar MLS | MLS#: TB8536306

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