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55 Velma Dr W, Largo, FL, 33770

$259/sqft·Velma Manor

5 bd3 ba2,021 sqft2 car garageSingle Family
Listed by DALTON WADE INC· Last updated · MLS# TB8536306

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Est. monthly payment
$3,658/mo
Down payment (20%)
$104,500
Property taxes
$671/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1957
2 car garage
8,215 sqft lot
Lot size
2,021 sqft
Living area

About this home

NingunoPrimary Bedroom Main FloorStone CountersOutdoor GrillCooktopDishwasherDisposalDryer

55 Velma Dr W is a 1957-built home in Velma Manor, Largo. Inside you'll find 5 bedrooms, 3 bathrooms, and 2,021 square feet of living space. Listed at $522,500 (about $259/sqft), 24 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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

The essentials

Built
1957
Price / sqft
$259
On market
36 days
Annual tax
$8,055
Flood zone
X · Low risk
Lot
8,215 sqft
Type
Single Family Residence

Location

55 Velma Dr W
Largo, FL, 33770·33770 - Largo/Belleair Bluffs
Type
Single Family Residence
Year Built
1957
Lot
8,215 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
36
Ninguno
Primary Bedroom Main Floor
Stone Counters
Outdoor Grill
Cooktop
Dishwasher
Disposal
Dryer
Microwave
Range
Refrigerator
Washer

Elementary

Mildred Helms Elementary-PN

Middle

Largo Middle-PN

High

Largo High-PN

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X

Annual Tax (2025)

$8,055

Parcel #

33-29-15-93780-002-0030

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Velma Manor

County

Pinellas

MLS Area

33770 - Largo/Belleair Bluffs

Lot Size

8,215 sqft

ClearedCity Limits
Date
Event
Price
8/29/2026
Price change
Source: Stellar MLS #TB8536306
$522,500-2.3%
$259/sqft
8/6/2026
Listed for sale
Source: Stellar MLS #TB8536306
$535,000
$265/sqft
Est. monthly payment$3,658/mo
Principal & interest$2,725
Property taxes$671
Insurance$261
Down payment20% · $104,500
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $522,500
$515,000 – $522,500
98.6% – 100% of listTops out right at the list price
80% of listList price
55 of the last 108 home closings in 33770 landed at this number or higher (51%). The median one sat 33 days before it went under contract, and this one is on day 36 after a $12,500 cut.

Sample: 108 closed home sales in 33770 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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