Property Description

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.