Skip main navigation
For sale
  • $2,795,000

    37 Compass Point Way S #103, Watersound, FL 32461

    3beds
    2,280sqft
    : 
    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
    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.
    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#: 970961MLS Logo

    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
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $5,282/mo

    Price history

    Price history
    DateEventPrice
    9/23/2025Price change$2,795,000-1.9%$1,226/sqft
    Source: ECAOR #970961 Report a problem
    3/12/2025Listed for sale$2,850,000+21.3%$1,250/sqft
    Source: ECAOR #970961 Report a problem
    1/5/2022Sold$2,350,000+42.4%$1,031/sqft
    Source: Public Record Report a problem
    11/16/2020Sold$1,650,000-7.6%$724/sqft
    Source: Public Record Report a problem
    9/14/2020Listed for sale$1,785,000$783/sqft
    Source: Rosemary Beach Realty LLC #855373 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
      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.

      Local experts in 32461

      Similar homes

      Skip to the end of the carouselSkip to the beginning of the carousel
      • Loading
      • Loading