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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

    Private poolBreathtaking gulf viewsSpacious porchesGulf-front retreatJetted soaking tubOpen-concept great roomViking gas range
    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.
    292 days
    |
    286
    |
    3
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 12, 2025 at 11:00pm

    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 LogoOriginating MLS: Emerald Coast

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: MBed First Floor
    • Level: First
    Bedroom
    • Level: Second
    Primary bathroom
    • Features: Double Vanity, MBath Separate Shwr
    Living room
    • Level: Second
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: Dryer, Microwave, Refrigerator, Stove/Oven Dual Fuel, Washer, Electric Water Heater
    • Laundry: Washer/Dryer Hookup
    Features
    • Owner's Closet, Bedroom, Living Room, Master Bedroom, Office
    • Windows: Window Treatments
    • Furnished: Yes
    Interior area
    • Total structure area: 2,280
    • Total interior livable area: 2,280 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Exterior features: Balcony, BBQ Pit/Grill, Dumpster
    • Pool features: Community
    • Has spa: Yes
    • Spa features: MBath Whirlpool
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Unit Waterfront, Beach, Waterfront
    Lot
    • Features: Deed Access
    Details
    • Parcel number: 203S18160300000103

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Construction Complete
    • Year built: 2005

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Features: Community Room, Fitness Center, Gated, Picnic Area, Playground, Pool
    • Subdivision: Watersound Beach
    HOA
    • Has HOA: Yes
    • Services included: Accounting, Maintenance Grounds, Internet, Master Association, Recreational Faclty, Security, Sewer, Trash
    • 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
    • Cumulative days on market: 293 days
    • Electric utility on property: Yes
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $5,363/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%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $20,003/mo
    Principal & interest
    $13998
    HOA Fees
    $2861
    Other costs
    $3144

      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.

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