***NEW*** This is a unique residential/commercial property available in the heart of Folly; A few steps from Center Street (near Surf Bar) is the front of the street to street lot. There are beautiful mature magnolias and a large live oak framing a distinctive Spanish tile trimmed 1940's building that has retained it's rugged charm inside and out. There is private parking on Cooper Ave., palm trees and signage that is visible from Center, inside there are hardwood floors, sturdy wood trim, vintage cabinetry, 4 bedrooms and a renovated bathroom with wood walls and a claw-foot tub. There is deck out back shaded by the grand oak and a flat roof that could be a rooftop patio. This is the largest of the 4 units and has been used as a real-estate office in the past; currently is a successful vacation rental. The apartment below has 3 bedrooms, 1 bath and has been renovated with wood walls and a nice bar/kitchen area. It is open to the rear of the house and mostly underground otherwise and so stays temperate year round. It is a very flexible space that can continue to be used as living quarters, could be used as storage for a retail store in the upper unit or as perfect place for walk-in coolers/prep/storage if the upper unit were used as a restaurant. This unit has it's own parking/driveway from Erie Ave. that would be advantageous for deliveries etc if it were used commercially. An outside stair connects it to the deck upstairs. On the Erie Ave. side of the property are two small but distinctive bungalows painted in tropical that have always rented well. Each has a pair of bedrooms, kitchen, a den and a little screened in porch. Both have off street parking and present a different commercial opportunity in the form of cozy shops, a bakery with adjacent coffee house etc. or just stay as they are. All of these structures are well maintained by the current owners and the lawn is professionally done as well. It is within the commercial district and can be connected to sewer and does have natural gas utilities already in place. All 4 units are currently tied to common water and septic; all systems are functioning well. This property has amazing flexibility and presents a rare opportunity in place and time as the commercial area continues to mature to take a distinctive piece of Folly and make it your own. The current owners are very fond of it, but do not have the time to take it to the level it deserves.