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$535,000
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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 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
Full Property Details
Full Property Details for 55 Velma Dr W
General
- Price: $535,000
- Taxes: $8,055 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8536306
- Updated: 8/6/2026
- Added to Site: 18 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Number of Rooms: 5
- Interior Features: Ninguno, Primary Bedroom Main Floor, Stone Counters
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Furnishings: Turnkey
- Flooring: Ceramic Tile, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Garage
Exterior
- Exterior Features: Outdoor Grill
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 33770 - Largo/Belleair Bluffs
- County: Pinellas
- Development Name: 33770 - Largo/Belleair Bluffs
- Subdivision: VELMA MANOR
- Driving Directions: Take West on Eat to Bay- turn right onto Velma Dr. The second house on the right hand side.
- Direction Faces: West
School Information
- Elementary School: Mildred Helms Elementary-PN
- Middle School: Largo Middle-PN
- High School: Largo High-PN
Community
- Community Name: 33770 - Largo/Belleair Bluffs
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Public, Sewer Connected
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,021
- Sq. Ft. Source: Owner
- Year Built: 1957
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,215
- Lot Size: 8215
- Lot Dimensions: 76 x 107
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $8,055.09
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: VELMA MANOR BLK B, LOT 3 LESS N 6.2FT & N 3FT OF LOT 2
- Flood Zone Info: X
- APN: 332915937800020030
- Property ID: 332915937800020030
- Block/Lot/Section: B
Listed by Dalton Wade Inc
Get Pre-Approved Today
Schools
Schools serving 55 Velma Dr W
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Mildred Helms Elementary School 561 Clearwater Largo Road South, Largo, FL 33770 | PK-5 | 0.6 mi |
Largo High School 410 Missouri Avenue North, Largo, FL 33770 | 9-12 | 1.3 mi |
Largo Middle School 155 8th Avenue Southeast, Largo, FL 33771 | 6-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 55 Velma Dr W
Date
Details
Price
Change
Source
8/06/2026
Listed
$535,000
20.22%
MLS
5/25/2022
Sold
$445,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 55 Velma Dr W
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,055
9%
$424,238
7%
2024
$7,374
—
$396,801
2%
2023
$7,391
138%
$390,836
97%
2021
$3,112
1%
$198,585
-3%
2022
$3,080
-1%
$204,543
4%
2021
$3,112
2%
$195,843
2%
2019
$3,043
1%
$191,440
2%
2018
$3,012
1%
$187,870
2%
2017
$2,979
3%
$184,006
2%
2016
$2,899
74%
$180,221
51%
2015
$1,670
1%
$119,021
1%
2014
$1,646
1%
$118,076
2%
2013
$1,631
—
$116,331
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 55 Velma Dr W
55 Velma Drive W, Largo, FL 33770 (MLS# TB8536306) is a Single Family property with 5 bedrooms and 3 full bathrooms. 55 Velma Drive W is currently listed for $535,000 and was received on August 06, 2026. Want to learn more about 55 Velma Drive W? Do you have questions about finding other Single Family real estate for sale in Largo? You can browse all Largo real estate or contact a Coldwell Banker agent to request more information.

