404 Southard Street, Key West, FL 33040 (MLS# 617200)

404 Southard Street, Key West, FL 33040

$3,395,000

Property Type: Commercial Sale Baths: 2 Square Footage: 4,892 Lot Size (sq. ft.): 5,758 Status: Active

Current Price: $3,395,000 List Date: 11/05/2025 Last Modified: 11/05/2025

Description

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

More Information MLS# 617200

Contract Information

Listing Board: Key West Association Limited Representation: Yes Potential Short Sale: No Bank Owned: No Current Price: $3,395,000 Listing Date: 2025-11-05 List Price: $3,395,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman City: KEY WEST Mile Marker: 1 Marathon Neighborhood: N/A Side: Ocean Flood Zone: X Alternate Key #: 9032596 Parcel #: 00012690-000202 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: 16459.05 Tax Year: 2024 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

General Property Description

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

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 four years remaining on the lease. The location is excellent and the building has an effective rebuild date of 2005. Buy a piece of Key West that pays for itself. Call today. Directions: Us1 to right Duval to Left on Southard.

Deed Restrictions

No: 1

Association Info

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

Type

Bar: 1 Restaurant: 1

Fee Includes

None: 1

Dockage

None: 1

Appliances

Refrigerator: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Utilities

FKAA: 1 Municipal Sewer: 1 Separate Meters: 1

Roof

Combo Roof: 1 Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Status: Active

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: November - 05 - 2025

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