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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
    $-- 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.
    403 days
    |
    501
    |
    16
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    Zillow last checked:

    Listing updated:

    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
      • Services included: Maintenance Grounds, Recreational Faclty, Security, Sewer, Trash, Internet
      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
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $5,414/mo

        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

        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

        Monthly payment

        Est. payment
        $16,079/mo
        Principal & interest
        $13913
        Property taxes
        $2166
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          Climate risks

          Neighborhood: WaterSound Beach

          Getting around

          9 / 100
          Car-Dependent
          38 / 100
          Somewhat Bikeable

          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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