Spacious, flexible, & fully furnished condo in Laterra at World Golf Village! This ground-floor 3BR/3BA residence offers a unique lockout design that functions as either a full 3-bedroom condo or a 2-bedroom condo w/ a private guest suite complete w/ its own entrance & kitchenette. Perfect for short-term rental income, multigenerational living, a second home, or hosting guests in comfort & privacy. The current owner has generated approximately $30K-$40K annually in rental income, w/ the opportunity for even greater earning potential by renting the spaces separately. Inside, you'll find an open-concept layout designed for easy entertaining, spacious living areas, & a large covered balcony overlooking the peaceful preserve -- creating the feel of a private backyard retreat. Offered fully furnished & move-in ready for immediate enjoyment or investment use. Located in the gated King & Bear community, residents enjoy access to resort-style amenities including a heated pool, fitness center, tennis courts, walking trails, & world-class golf nearby. Conveniently located just minutes from I-95, historic St. Augustine, beaches, shopping, dining, Bass Pro Shops, Buc-ee's, & public boat ramps to the St. Johns River. Whether you're searching for an income-producing property, golf getaway, vacation home, or flexible primary residence, this condo offers endless possibilities in one of Northeast Florida's most sought-after communities.