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306 Sheldon StreetNew Smyrna Beach, FL 32168Price: $319,000

  • Price: $319,000
  • 1 Day on Market
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Federal 30-year interest rate: 6.55% last updated on Jul 16, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $319,000List Price
  • 0.09Acreage
  • 1,162Square Feet
  • NS1088785MLS Number

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SHORT TERM RENTAL AVAILABLE, RETAIL, SERVICE BUSINESS SPACE Rare Find Fully Renovated mixed-use (M-U) zoned cottage in the heart of New Smyrna Beach's Historic Westside district - a turnkey opportunity for short-term rental income, retail, or a live-work setup, all on one deed. This historic 1939 wood-frame cottage offers 3 bedrooms, 1 bath, and an open floor plan across approximately 1,200 square feet, full of classic coastal-cottage character. Enjoy a freshly landscaped yard, covered front porch, and a backyard with a seating area - plus a short walk to the Canal Street commercial and dining corridor. The M-U zoning is the standout feature here: it legally permits short-term rental, retail, or service-business use on this exact parcel, giving buyers flexibility that's hard to find at this price point. New Smyrna Beach's STR market runs $228-$303 average daily rate at 35-58 occupancy, with top-quartile properties reaching 75 + occupancy and $300+ ADR - real upside for an investor-minded buyer. Whether you're chasing rental income, opening a small business, or simply want a charming beach-area cottage with built-in optionality, 306 Sheldon Street delivers. Don't miss this flexible, income-ready property just minutes from New Smyrna Beach's shops, dining, and coastline.

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Listed by Cindy Homfeld of BUY AND RENT AT THE BEACH RLTY (386-402-1237)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of July 22, 2026 11:03 PM UTC. 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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