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    306 Sheldon St New Smyrna Beach, FL 32168

    For Sale
    $225,000

    Mixed-use property in historic district, suitable for commercial or residential.

    Lot size:
    0.09 Acres

    Property Features for 306 Sheldon St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1939

    Source: BEACHSIDE REALTY OF VOLUSIA Agent Lori Schmerler, PA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Historic District

    This mixed-use property is located in a historic business district off US 1. The property requires a full renovation. It is zoned for short-term rentals, including Airbnb. The location provides easy access to Historic Canal Street, a farmers market, a river marina, and the beach, all within a short distance. The property is suitable for commercial or residential use, including office, store, or shop space.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Smyrna Beach
    County
    Volusia
    State
    Florida
    Longitude
    -80.9309587
    Latitude
    29.0248118

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in historic district, suitable for commercial or residential.
    Where is this mixed-use property located?
    The property is located at 306 Sheldon St New Smyrna Beach, FL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Best price on commercial space in New Smyrna Beach; - Flexible use: Office, Store, Shop, STR (short term rental), Airbnb; - Located in Historic Business District off US 1
    (386) 334-2787
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    306 Sheldon St New Smyrna Beach, FL 32168
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