Discover Compass Point II, an exclusive Gulf-front retreat in the highly coveted Watersound community, offering breathtaking Gulf views and an intimate coastal lifestyle. This 3-bedroom, 3.5-bathroom condo is 1 of only 25, designed for effortless luxury and relaxation.
Step inside to experience new flooring throughout and an inviting open-concept great room with ample space for entertaining. The chef's kitchen is equipped with a Viking gas range and stainless steel hood, flowing seamlessly into the dining area and spacious living room.
Three expansive ensuite bedrooms each feature their own full bath, providing exceptional accommodations for family and guests. The primary suite is a serene escape with its own private porch, perfect for morning coffee in a peaceful setting. The primary bath boasts a jetted soaking tub, separate shower, and dual vanities, adding to the retreat-like ambiance. The office offers a spacious private room that can also be converted into a bunk room. Another unique feature of this property is the amount of storage/closet space throughout. Enjoy two spacious porches, including one off the main living area is the perfect setting for cocktails and evening breezes while taking in the breathtaking Gulf views and sunsets. An attached garage provides easy access, and residents of Compass Point enjoy exclusive access to a private pool reserved for owners and guests. Beyond the condo, boardwalks lead over the dunes to the mile-long white sandy beach, where you can enjoy morning strolls, and swimming in the turquoise waters of the Gulf of Mexico. Hop on your golf cart and explore Watersound's outstanding amenities, including a fitness center, multiple pools, a dog park, playgrounds, and seven miles of scenic walking trails. Enjoy shopping and dining along 30A before returning home to the privacy, tranquility, and security that this upscale condo affords. Don't miss this opportunity to own a piece of paradise on the Emerald Coast.
For sale
$2,795,000
37 Compass Point Way S #103, Watersound, FL 32461
3beds
2,280sqft
Est.:
Condominium
Built in 2005
-- sqft lot
$-- Zestimate®
$1,226/sqft
$2,861/mo HOA
What's special
Three expansive ensuite bedroomsBreathtaking gulf viewsStainless steel hoodGulf-front retreatJetted soaking tubInviting open-concept great roomNew flooring throughout
- 345 days |
- 511 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: November 13, 2025 at 05:00am
Listed by:
The Geppert Beeker Group geppertbeeker@scenicsir.com,
Scenic Sotheby's International Realty,
Clark & Mitchell Group 850-428-7635,
Rosemary Beach Realty LLC
Source: ECAOR,MLS#: 970961
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Area: 233.92 Square Feet
- Dimensions: 17.2 x 13.6
Bedroom
- Level: Second
- Area: 145.2 Square Feet
- Dimensions: 12.1 x 12
Bedroom
- Level: Second
- Area: 140.4 Square Feet
- Dimensions: 12 x 11.7
Living room
- Level: Second
- Area: 229.5 Square Feet
- Dimensions: 17 x 13.5
Office
- Level: First
- Area: 42.92 Square Feet
- Dimensions: 8.4 x 5.11
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Owner's Closet
- Windows: Window Treatments
- Furnished: Yes
Interior area
- Total structure area: 2,280
- Total interior livable area: 2,280 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Waterfront
Details
- Parcel number: 203S18160300000103
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Construction Complete
- New construction: No
- Year built: 2005
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Fitness Center, Gated, Picnic Area, Playground, Pool, Waterfront, Short Term Rental - Allowed
- Subdivision: WATERSOUND BEACH
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Recreational Faclty, Security, Sewer, Trash, Internet
- HOA fee: $8,583 quarterly
Location
- Region: Watersound
Financial & listing details
- Price per square foot: $1,226/sqft
- Tax assessed value: $2,214,450
- Annual tax amount: $20,024
- Date on market: 3/12/2025
Estimated market value
Not available
Estimated sales range
Not available
$5,282/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2025 | Price change | $2,795,000-1.9%$1,226/sqft |
Source: | ||
| 3/12/2025 | Listed for sale | $2,850,000+21.3%$1,250/sqft |
Source: | ||
| 1/5/2022 | Sold | $2,350,000+42.4%$1,031/sqft |
Source: Public Record Report a problem | ||
| 11/16/2020 | Sold | $1,650,000-7.6%$724/sqft |
Source: Public Record Report a problem | ||
| 9/14/2020 | Listed for sale | $1,785,000$783/sqft |
Source: Rosemary Beach Realty LLC #855373 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $20,024 +11.6% | $2,172,555 +10% |
| 2023 | $17,946 +21.8% | $1,975,050 +40.6% |
| 2022 | $14,731 +19.2% | $1,404,480 +10% |
| 2021 | $12,359 +3.3% | $1,276,800 +6.5% |
| 2020 | $11,968 +10.6% | $1,198,870 +10% |
| 2019 | $10,824 | $1,089,886 +3% |
| 2018 | $10,824 +5.4% | $1,058,148 +4% |
| 2017 | $10,272 +7.4% | $1,017,450 +5% |
| 2016 | $9,569 +6.1% | $969,000 +12.4% |
| 2015 | $9,016 +9.5% | $861,840 +26% |
| 2014 | $8,233 | $684,000 +9.1% |
| 2013 | -- | $627,000 |
| 2012 | -- | $627,000 -3.5% |
| 2011 | -- | $649,800 |
| 2010 | -- | $649,800 -24% |
| 2009 | -- | $855,000 -18.1% |
| 2008 | -- | $1,044,240 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$18,686/mo
Principal & interest
$13659
HOA Fees
$2861
Property taxes
$2166
Climate risks
Neighborhood: WaterSound Beach
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 3.2 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 4.8 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 8.7 mi
Schools provided by the listing agent
- Elementary: Dune Lakes
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







