Developer Tees Up World Golf Village Condos for Auction in St. Augustine, FL

ST. AUGUSTINE, FL, Sept. 1 /PRNewswire/ -- The developer of Laterra at World Golf Village (above centered photo)  in St. Augustine, FL is offering its last 10 condos for sale at auction on September 17.

Four of the condos will sell regardless of price and the developer is offering a mulligan to each purchaser by paying their membership initiation fee to the World Golf Village golf courses, an estimated $15,000 value.

Situated within World Golf Village, the condos offer prime access to two championship golf courses, the PGA TOUR Golf Academy, and the World Golf Hall of Fame.

The two golf courses, King & Bear and Slammer & Squire, are named after golf legends, Arnold Palmer (top right photo)  and Jack Nicklaus (top left photo) , and Sam Snead (middle right photo)  and Gene Sarazen (bottom  left photo), who were instrumental in the courses design.

The collaboration between Palmer and Nicklaus on the design of King & Bear was a first and remains the only realization of their combined effort and styles.

According to Walt Driggers, president of Tranzon Driggers, the Ocala, FL based real estate auction company conducting the sale, "The condos are a real hole-in-one for golf enthusiasts because of the exceptional, world-renowned golf attractions and amenities at World Golf Village."

He adds, "The auction provides a unique buying opportunity for golf aficionados looking for the perfect place to enjoy their golfing passion or investors who prefer to profit on the enjoyment of others."

The condos come in three different floor plans, 3, 2 and 1 bedroom suites and will be offered at the auction individually, bundled together, or sold in the entirety. Buyers will purchase the condos fully furnished for immediate occupancy and are free to reside in the condos or rent them to guests.

Interested buyers will have an opportunity to inspect the condos on Friday, September 10 at 11:00 am (EDT) and before the auction on Friday, September 17 at 9:00 am (EDT).

The auction will be conducted at the Renaissance Resort at World Golf Village, 500 S. Legacy Trail, St. Augustine, FL on September 17 at 11:00 am (EDT).

Bidders must provide a deposit of $7,500 in certified funds for each condo that they intend to purchase. Registered bidders can bid at the live auction or, with advance registration, participate online.

For more information on the condo auction, visit www.Tranzon.com (property code DG427) or contact Walt Driggers at 352.369.1047 or wdriggers@tranzon.com.