As far as I know the only "studio", usually called a 1 bedroom, is at Cypress Pointe Grande Villas (Phase 2) not at Cypress Pointe Resort (Phase 1). While CPR has a separate entrance available to the 3rd bedroom (used by owners to gain a second week of use if they desire), that is never used for deposit as RCI & III will not accept it (no kitchen). Individuals can rent it as a lock off but not RCI, II or any of the large wholesalers like HK.
Phase 2 does offer the (small as mentioned above) "1 bedroom" at CPGV. It is THE #1 source of complaints at that resort as it simply is not what is expected at an Orlando timeshare. Too small, not fully equipped and a nightmare for 4 people to use.