Commercial Sale · Mixed Use
306 SHELDON STREET, NEW SMYRNA BEACH, FL, 32168
Active16 days on marketListed Jul 22, 2026MLS #NS1088785
Come see it
Upcoming showing
Aug 9, 2026
About this property
The property at a glance
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. All information is deemed reliable but not guaranteed. Buyers and their agents are responsible for their own due diligence.
1,162
Building sq ft
$262
Price / sq ft
0.09
Lot acres
1939
Year built
1
Building
10MU
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$1,722/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
1,480
Population
$55,848
Median income
50
Median age
2
Avg household
$179,744
Median home value
$925/mo
Median rent
138
Households w/ kids
Consumer profile
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.
This population lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.
A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.
These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Recent sales
What actually sold near 306 SHELDON STREET
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$180,000
306 SHELDON STREET
952 sqft · $189/sqft · Sold Mar 24, 2025
$900,000
415 FLAGLER AVENUE
1,216 sqft · $740/sqft · Sold Jul 9, 2026
$735,000
215 WASHINGTON STREET
1,247 sqft · $589/sqft · Sold Apr 17, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 306 SHELDON STREET — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 306 SHELDON STREET.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of BUY AND RENT AT THE BEACH RLTY · Cindy Homfeld. MLS #NS1088785.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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