Skip main navigation
For sale
  • $535,000

    55 VELMA DRIVE W, LARGO, FL 33770

    5beds
    2,021sqft
    : 
    $3,581/mo
    Get pre-qualified
    Single Family Residence
    Built in 1957
    8,215 Square Feet Lot
    $514,600 Zestimate®
    $265/sqft
    $-- HOA

    What's special

    Fully furnishedLarge deckDesk areaOutdoor lightsSplit-bedroom planKing-size bedNinja blender
    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
    19 days
    |
    727
    |
    46
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Lee Nguyen 727-698-0600,

    DALTON WADE INC 888-668-8283

    Source: Stellar MLS,MLS#: TB8536306MLS LogoOriginating MLS: Suncoast Tampa

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      • Area: 240 Square Feet
      • Dimensions: 20x12
      Bedroom 1
      • Features: Built-in Closet
      • Level: First
      • Area: 182 Square Feet
      • Dimensions: 13x14
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 140 Square Feet
      • Dimensions: 14x10
      Kitchen
      • Level: First
      • Area: 187 Square Feet
      • Dimensions: 17x11
      Living room
      • Level: First
      • Area: 272 Square Feet
      • Dimensions: 17x16
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: In Garage
      Features
      • None, Primary Bedroom Main Floor, Stone Counters
      • Flooring: Ceramic Tile, Luxury Vinyl
      • Doors: Outdoor Grill
      • Has fireplace: No
      Interior area
      • Total structure area: 2,682
      • Total interior livable area: 2,021 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Outdoor Grill
      Lot
      • Size: 8,215 Square Feet
      • Dimensions: 76 x 107
      • Features: Cleared, City Lot
      Details
      • Parcel number: 332915937800020030
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 1957

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: VELMA MANOR
      HOA
      • Has HOA: No
      Location
      • Region: Largo

      Financial & listing details

      • Price per square foot: $265/sqft
      • Tax assessed value: $424,238
      • Annual tax amount: $8,055
      • Date on market: 8/6/2026
      • Cumulative days on market: 16 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $514,600

        $489,000 - $540,000

        $5,670/mo

        Price history

        DateEventPrice
        8/19/2026Listing removed$5,499$3/sqft
        Source: Zillow Rentals Report a problem
        8/6/2026Listed for sale$535,000+20.2%$265/sqft
        Source: Stellar MLS #TB8536306 Report a problem
        7/29/2026Listed for rent$5,499+5.8%$3/sqft
        Source: Zillow Rentals Report a problem
        7/13/2026Listing removed$5,199$3/sqft
        Source: Zillow Rentals Report a problem
        6/22/2026Listed for rent$5,199-5.5%$3/sqft
        Source: Zillow Rentals Report a problem
        6/22/2026Listing removed$5,499$3/sqft
        Source: Zillow Rentals Report a problem
        6/5/2026Listed for rent$5,499+14.6%$3/sqft
        Source: Zillow Rentals Report a problem
        6/4/2026Listing removed$4,799$2/sqft
        Source: Zillow Rentals Report a problem
        5/18/2026Listed for rent$4,799+2.1%$2/sqft
        Source: Zillow Rentals Report a problem
        5/18/2026Listing removed$4,699$2/sqft
        Source: Zillow Rentals Report a problem
        4/29/2026Listed for rent$4,699+2.2%$2/sqft
        Source: Zillow Rentals Report a problem
        4/29/2026Listing removed$4,599$2/sqft
        Source: Zillow Rentals Report a problem
        4/13/2026Listed for rent$4,599-4.2%$2/sqft
        Source: Zillow Rentals Report a problem
        4/13/2026Listing removed$4,799$2/sqft
        Source: Zillow Rentals Report a problem
        4/2/2026Price change$4,799-1.1%$2/sqft
        Source: Zillow Rentals Report a problem
        3/23/2026Listed for rent$4,850+7.8%$2/sqft
        Source: Zillow Rentals Report a problem
        3/21/2026Listing removed$4,499$2/sqft
        Source: Zillow Rentals Report a problem
        3/4/2026Listed for rent$4,499$2/sqft
        Source: Zillow Rentals Report a problem
        3/4/2026Listing removed$4,499$2/sqft
        Source: Zillow Rentals Report a problem
        2/17/2026Listed for rent$4,499-5.3%$2/sqft
        Source: Zillow Rentals Report a problem
        2/16/2026Listing removed$4,750$2/sqft
        Source: Zillow Rentals Report a problem
        1/26/2026Listed for rent$4,750+1.1%$2/sqft
        Source: Zillow Rentals Report a problem
        1/26/2026Listing removed$4,699$2/sqft
        Source: Zillow Rentals Report a problem
        1/6/2026Listed for rent$4,699-1.1%$2/sqft
        Source: Zillow Rentals Report a problem
        12/25/2025Listing removed$4,750$2/sqft
        Source: Zillow Rentals Report a problem
        6/2/2022Sold$445,000+120.8%$220/sqft
        Source: Public Record Report a problem
        9/4/2015Sold$201,500$100/sqft
        Source: Stellar MLS #U7741633 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,055 +9.2%$424,238 +6.9%
        2024$7,374 -0.2%$396,801 +1.5%
        2023$7,391 +140%$390,836 +91.1%
        2022$3,080 -1%$204,543 +3%
        2021$3,112 +0.3%$198,585 +1.4%
        2020$3,104 +2%$195,843 +2.3%
        2019$3,043 $191,440 +1.9%
        2018$3,043 +1%$187,870 +2.1%
        2017$3,012 +3.9%$184,006 +2.1%
        2016$2,899 +73.5%$180,221 +51.4%
        2015$1,670 +1.5%$119,021 +0.8%
        2014$1,646 +0.9%$118,076 +1.5%
        2013$1,631 -0.4%$116,331 -0.6%
        2012$1,638 $117,060 +3%
        2011-- $113,650 -2.5%
        2010-- $116,596 +2.7%
        2009-- $113,531 +0.1%
        2008$1,437 $113,418 +3%
        2007-- $110,115 -32.5%
        2005-- $163,200 +23.7%
        2004$1,676 +44.8%$131,900 +32.6%
        2003$1,157 +6.2%$99,500 +5.7%
        2002$1,090 $94,100 +6.9%
        2001$1,090 +15.9%$88,000 +25.7%
        2000$940 $70,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33770

        Getting around

        66 / 100
        Somewhat Walkable
        30 / 100
        Some Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mildred Helms Elementary-PN
        • Middle: Largo Middle-PN
        • High: Largo High-PN

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes