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Property for sale at 55 VELMA DRIVE W, LARGO, FL, 33770
Property for sale at 55 VELMA DRIVE W, LARGO, FL, 33770
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55 Velma Drive WLargo, FL, 33770

5beds
3baths
2,021sqft
Single Family Residence
Built in 1957
$522,500
For sale
$535,000−$12,500 (2%)Reduced Aug 29, 2026
Price per sqft
$259
Days on market
77
Listed
Aug 6
MLS #TB8536306Updated Aug 30, 2026

About this property

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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Property details

Property type
Single Family Residence
Street address
55 Velma Drive W
City
Largo
State
FL
ZIP code
33770
Year built
1957
New construction
No
Faces
West
Rooms
5
Building stories
1
Living area
2,021 sqft
Total building area
2,682 sqft
Levels
One

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $12,500 (2.3%) since first listed.

EventPrice
Price reducedMLS #TB8536306$522,500Change: −2.3%−$12,500
Listed for saleMLS #TB8536306$535,000
History may be incomplete.
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Property for sale at 55 VELMA DRIVE W, LARGO, FL, 33770
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