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509 Southard Street, Key West, FL 33040

$225,000
Property Type: Business Opportunity Baths: 2 Square Footage: 2,059 Lot Size (sq. ft.): 2,716 Status: Active
Current Price: $225,000 List Date: 3/07/2026 Last Modified: 3/07/2026

Overview

Description

The Cafe is one of those restaurants that both locals and visitors want to discover. Known for its amazing food, a prime location, and groovy atmosphere, it offers an inviting dining experience that keeps guests coming back, time after time. Now is the perfect opportunity to turn your dream of owning a restaurant in Key West into reality. Ideally located just around the corner from Duval Street, this spot benefits from strong foot traffic while still offering the authentic 'Off Duval' experience that locals and visitors often seek. The space features a large main dining room with a bar area, plus a separate dining room that can easily be reserved for private parties or special events. The kitchen is spacious and efficient without taking away from valuable dining space. Looking for outdoor seating? The Cafe also offers street-side outdoor dining. Call today for more details!

Listing Details MLS# 618966

Location, Tax & Legal

Street #
509
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
City
KEY WEST
Off Shore Island
No
Mile Marker
1
Marathon Neighborhood
N/A
Side
N/A
Flood Zone
X
Alternate Key #
1009989
Parcel #
00009720-000000
Zoning
HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Legal
KW PT LOT 4 SQR 50 G7-536 G42-3/4 OR217-91/92 OR415-1029/30 OR443-1013 OR814-2102 OR1109-107/08 OR1516-944
Taxes
16971.08
Tax Year
2025

Contract Information

Sub Type
Business Opp No-Real Estate
Listing Board
Key West Association
Amount of Rent
12121.75
Limited Representation
No

General Property Description

Realtor.COM Type
Commercial
Style
Business Opportunity
Lot SqFt
2716
Waterfront
No
Business Type
Resturant
Business Name
The Cafe
Year Established
2002-12-31
Building SqFt
2059
Living Apx SqFt
2059
Year Built
1933
Full Baths
2
Total Baths
2
Total Units
0

Business Info

Time left on Lease
2 years with option

Remarks & Misc

Remarks – Consumer
The Cafe is one of those restaurants that both locals and visitors want to discover. Known for its amazing food, a prime location, and groovy atmosphere, it offers an inviting dining experience that keeps guests coming back, time after time. Now is the perfect opportunity to turn your dream of owning a restaurant in Key West into reality. Ideally located just around the corner from Duval Street, this spot benefits from strong foot traffic while still offering the authentic 'Off Duval' experience that locals and visitors often seek. The space features a large main dining room with a bar area, plus a separate dining room that can easily be reserved for private parties or special events. The kitchen is spacious and efficient without taking away from valuable dining space. Looking for outdoor seating? The Cafe also offers street-side outdoor dining. Call today for more details!

More Information

Type

Restaurant
Yes

Dockage

None
Yes

Waterview

None
Yes

View

None
Yes

Building Style

Ground Level
Yes

Construction

CBS
Yes

Title

Title Ins - Buyer
Yes

Exterior Features

Storage
Yes

Property Features

Type: Restaurant Building Style: Ground Level Construction: CBS Dockage: None Exterior Features: Storage View: None Waterview: None Title: Title Ins - Buyer
Listing Office: RE/MAX Keys Connection (KW)
Last Updated: March - 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.