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404 Southard Street 2, Key West, FL 33040

New Listing
$3,295,000
Property Type: Commercial Sale Baths: 2 Square Footage: 4,892 Lot Size (sq. ft.): 5,758 Status: Active
Current Price: $3,295,000 List Date: 6/05/2026 Last Modified: 6/07/2026

Overview

Description

This large restaurant/bar in the heart of downtown Key West is presently rented for $18,000 NNN a month with over three years remaining on the lease. The location is excellent and the building has an effective rebuild date of 2005. The present tenant may be negotiable. Buy a piece of Key West. Call today.

Listing Details MLS# 620183

Location, Tax & Legal

Street #
404
Street Name
Southard
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
Subdivision
Old Town - Unlisted (1.0)
County
Monroe
Area
02 - Key West
KW Neighborhood
Old Town-N of Truman
Unit #
2
City
KEY WEST
Off Shore Island
No
Mile Marker
1
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
X
Alternate Key #
9032596
Parcel #
00012690000202
Zoning
HRO - Historic Residential/Office
Legal
Unit 2 Southard And Whitehead Condominium Or1831-1295 Or2333-754/55 Or2383-2200 Or2572-2003/04 Or3058-434
Taxes
17309.29
Tax Year
2025

Contract Information

Listing Board
Key West Association
Limited Representation
Yes
As is Rght to Inspct
Yes
Potential Short Sale
No
Bank Owned
No
Species List
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
5758
Waterfront
No
Building SqFt
4892
SqFt Source
Tax Records
Living Apx SqFt
4892
Year Built
1995
Full Baths
2
Total Baths
2
Control Depth
0
Total Units
0

Association Info

Mandatory Home Owners Asc
Yes
Condo Doc's
Yes
1st Right of Refusal
No

Financial Status

Bank Owned
No
Potential Short Sale
No

More Information

Remarks & Misc

Remarks – Consumer
This large restaurant/bar in the heart of downtown Key West is presently rented for $18,000 NNN a month with over three years remaining on the lease. The location is excellent and the building has an effective rebuild date of 2005. The present tenant may be negotiable. Buy a piece of Key West. Call today.

Deed Restrictions

No
Yes

Type

Bar
Yes
Restaurant
Yes

Fee Includes

None
Yes

Dockage

None
Yes

Appliances

Refrigerator
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Construction

CBS
Yes

Land Size

Less Than 1/4 Acre
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes
Separate Meters
Yes

Roof

Combo Roof
Yes
Metal Roof
Yes

Property Features

Deed Restrictions: No Type: Bar; Restaurant Waterfront: None Waterview: No Waterview Dockage: None Utilities: FKAA; Municipal Sewer; Separate Meters Appliances: Refrigerator Construction: CBS Roof: Combo Roof; Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: None
Listing Office: Key West Luxury Real Estate Inc (KW)
Last Updated: June - 07 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.