55 Velma Drive, FL55 Velma Drive, FL55 Velma Drive, FL
Stellar MLS
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$535,000

55 Velma Drive

Largo, FL 33770

Listing updated: August 6, 2026 at 12:48 PM ET

Active
Stellar MLSListing courtesy of Dalton Wade Inc · Lee Nguyen · MLS #TB8536306 · Active · 888-668-8283
5
Beds
3
Baths
2,021
Sq Ft
0.19
Acres
1957
Built
$265/sqft
Single Family Residence

Property type

1957

Year built

8,215 sqft

Lot size

$265

Price / sq ft

No HOA

HOA dues

0

Days on market

2

Garage spaces

X

Flood zone

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: '' '' '' '' '' '' '' '' '' '' '' '' '' '' : $395, '' '' '' '' '' '' '' '' '' '' '' '' '' 58%, '' '' Annual Gross Revenue is $83,622 - Optimized Premium: '' '' '' '' '' '' '' '' '' '' '' '' '' '' : $480, '' '' '' '' '' '' '' '' '' '' '' '' '' 63%, '' '' Annual Gross Revenue is $110,376

Estimated monthly payment

Principal & interest$2,705
Property taxes$671
Home insurance (est.)$245

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history0 days on market

  1. Status: Active
    Aug 6, 2026
  2. Listed$535,000
    Aug 6, 2026
  3. Price increased$535,000

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
0
Subdivision
Velma Manor
County
Pinellas
Year built
1957
Living area
2,021 sq ft
Price/sq ft
$265
Building area
2,682 sq ft (Public Records)
Lot size
8,215 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12103C0116J)
Garage
2 spaces
Annual taxes
$8,055 (2025)
Parcel #
33-29-15-93780-002-0030
MLS #
TB8536306

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Interior Details

Bedrooms
5
Full bathrooms
3
Flooring
Ceramic Tile, Luxury Vinyl
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Interior features
Ninguno, Primary Bedroom Main Floor, Stone Counters
Laundry
In Garage
Stories / Levels
One
Direction faces
West

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
Yes

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
1-7 Days
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No
Additional lease restrictions
there is no restriction for any kind of rental

Exterior & Construction

Exterior features
Outdoor Grill
Construction materials
Block, Stucco
Roof
Shingle
Foundation
Slab
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Connected, Electricity Connected, Public, Sewer Connected

Schools

ElementaryMildred Helms Elementary-PNGreatSchools ↗
MiddleLargo Middle-PNGreatSchools ↗
High SchoolLargo High-PNGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Primary BedroomFirst20x12
Bedroom 1First13x14
Bedroom 2First14x10
Living RoomFirst17x16
KitchenFirst17x11

Listing Details

Listing date
2026-08-01
On market date
2026-08-06
Original list price
$535,000
Occupant type
Vacant
MLS area
33770 - Largo/Belleair Bluffs
Listing AOR
Suncoast Tampa
Status changed
2026-08-06
Tax legal description
VELMA MANOR BLK B, LOT 3 LESS N 6.2FT & N 3FT OF LOT 2

Flood risk

Minimal riskFEMA Zone XPanel 12103C0116J

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Take West on Eat to Bay- turn right onto Velma Dr. The second house on the right hand side.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is 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.

Based on information submitted to the MLS GRID as of August 6, 2026 at 12:48 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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