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For sale
  • $3,329,000

    37 Compass Point Way S #421, Watersound, FL 32461

    3beds
    2,034sqft
    : 
    Condominium
    Built in 2005
    -- sqft lot
    $3,130,700 Zestimate®
    $1,637/sqft
    $-- HOA

    What's special

    Gulf-facing condominiumCustom lightingFresh coastal finishesBosch dishwasherViking refrigerator and range
    This gulf-facing condominium in WaterSound Beach breaks away from traditional coastal design and delivers a dramatic architectural statement centered entirely around light, space, and sweeping views. Positioned high above the rare coastal dune lakes, this luxury residence offers unobstructed Gulf and lake vistas through soaring two-story windows that flood the interior with natural light. The main living area features 20-foot ceilings and an open layout that seamlessly connects the sitting area, dining space, and a newly reimagined kitchen—each framed by breathtaking coastal scenery. Step onto the private balcony to feel the Gulf breeze and take in the ever-changing water views, from sunrise to sunset. Completely renovated to the highest standard, the condo showcases fresh coastal finishes, custom lighting, and new paint throughout, creating a crisp, modern aesthetic. Three new HVAC systems provide comfort and efficiency year-round. The main level includes a guest bedroom and an updated bathroom with a tiled shower, ideal for visitors. The chef's kitchen is both stylish and functional, featuring new custom cabinetry, quartz countertops, and premium appliances, including a Viking refrigerator and range, plus a Bosch dishwasher. A built-in bar creates a natural gathering spot for evening cocktails, while the dining area comfortably seats six. A mezzanine loft overlooks the living space below, offering a flexible bonus area with a sleeper sofa and TVperfect for additional guests or a relaxed lounge. The open railing preserves sightlines to the Gulf, keeping the views front and center. On the lower level, a guest suite with an updated walk-in shower bath provides privacy and comfort. Just beyond the laundry area, the primary suite is a true retreat, featuring its own sitting area, a completely redesigned spa-style bathroom with a freestanding soaking tub, seated vanity, and fully tiled walk-in shower. The primary suite also opens to a private balcony, ideal for morning coffee or quiet evenings with a book. Offered fully furnished with a proven rental history, this residence is perfectly suited as a luxury investment property, second home, or full-time coastal residence. A detached garage provides valuable storage for golf carts, beach gear, and bicycles. Residents enjoy access to WaterSound's premier amenities, including private beach access, multiple pools, golf, tennis and pickleball courts, a wellness center, dining, and boutique shoppingoffering a refined coastal lifestyle unlike anything else on 30A.
    69 days
    |
    548
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Penny Jackson penny@scenicsir.com,

    Scenic Sotheby's International Realty

    Source: ECAOR,MLS#: 994825MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Level: Second
      • Area: 260 Square Feet
      • Dimensions: 20 x 13
      Bedroom
      • Level: First
      • Area: 140 Square Feet
      • Dimensions: 14 x 10
      Bedroom
      • Level: Second
      • Area: 154 Square Feet
      • Dimensions: 14 x 11
      Kitchen
      • Level: First
      • Area: 126 Square Feet
      • Dimensions: 14 x 9
      Living room
      • Level: First
      • Area: 315 Square Feet
      • Dimensions: 21 x 15
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
      Features
      • Breakfast Bar, Cathedral Ceiling(s), Vaulted Ceiling(s), Newly Painted
      • Flooring: Tile
      • Windows: Window Treatments
      • Furnished: Yes
      Interior area
      • Total structure area: 2,034
      • Total interior livable area: 2,034 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage Door Opener, Detached, Garage
      • Garage spaces: 1
      Features
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Gulf, Lake
      • Has water view: Yes
      • Water view: Gulf,Lake
      Details
      • Parcel number: 203S18160300000421

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Shake Siding, Siding CmntFbrHrdBrd
      • Roof: Composition
      Condition
      • Construction Complete,Renovated
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Beach, Elevators, Gated, Pool, Waterfront, Short Term Rental - Allowed
      • Subdivision: WATERSOUND BEACH
      HOA
      • Services included: Maintenance Grounds, Recreational Faclty, Security, Sewer, Trash, Water
      Location
      • Region: Watersound

      Financial & listing details

      • Price per square foot: $1,637/sqft
      • Tax assessed value: $2,456,055
      • Annual tax amount: $22,192
      • Date on market: 2/9/2026
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        Estimated market value

        $3,130,700

        $2.97M - $3.29M

        $4,613/mo

        Price history

        DateEventPrice
        2/9/2026Listed for sale$3,329,000-0.6%$1,637/sqft
        Source: ECAOR #994825 Report a problem
        12/3/2025Listing removed$3,350,000$1,647/sqft
        Source: ECAOR #985174 Report a problem
        9/11/2025Price change$3,350,000+28.8%$1,647/sqft
        Source: ECAOR #985174 Report a problem
        3/9/2022Pending sale$2,600,000$1,278/sqft
        Source: ECAOR #892885 Report a problem
        3/8/2022Sold$2,600,000+57.6%$1,278/sqft
        Source: ECAOR #892885 Report a problem
        11/16/2020Sold$1,650,000-7.6%$811/sqft
        Source: Public Record Report a problem
        7/1/2019Listing removed$1,785,000$878/sqft
        Source: Scenic Sotheby's International Realty #768018 Report a problem
        6/8/2018Price change$1,785,000-0.6%$878/sqft
        Source: Scenic Sotheby's International Realty #768018 Report a problem
        1/4/2018Price change$1,795,000-1.4%$882/sqft
        Source: Scenic Sotheby's International Realty #768018 Report a problem
        10/30/2017Price change$1,820,000-1.6%$895/sqft
        Source: Scenic Sotheby's International Realty #768018 Report a problem
        7/28/2017Listed for sale$1,850,000-5.1%$910/sqft
        Source: Scenic Sotheby's International Realty #768018 Report a problem
        2/1/2017Listing removed$1,950,000$959/sqft
        Source: Scenic Sotheby's International Realty #768018 Report a problem
        1/30/2017Listed for sale$1,950,000$959/sqft
        Source: Scenic Sotheby's International Realty #768018 Report a problem
        10/21/2016Listing removed$1,950,000$959/sqft
        Source: Beachy Beach 30A Real Estate #719459 Report a problem
        10/12/2016Price change$1,950,000-2.3%$959/sqft
        Source: Beachy Beach 30A Real Estate #719459 Report a problem
        1/25/2016Listed for sale$1,995,000$981/sqft
        Source: Beachy Beach 30A Real Estate #719459 Report a problem
        9/24/2015Listing removed$1,995,000$981/sqft
        Source: Beachy Beach 30A Real Estate #719459 Report a problem
        7/25/2015Price change$1,995,000-9.1%$981/sqft
        Source: Beachy Beach 30A Real Estate #719459 Report a problem
        12/16/2014Listed for sale$2,195,000+875.1%$1,079/sqft
        Source: Beachy Beach Real Estate #719459 Report a problem
        5/30/2014Sold$225,100-83.8%$111/sqft
        Source: Public Record Report a problem
        12/3/2013Sold$1,390,000-7.3%$683/sqft
        Source: ECAOR #552764 Report a problem
        9/19/2012Listed for sale$1,499,000-3.2%$737/sqft
        Source: The Premier Property Group, LLC #552764 Report a problem
        3/17/2012Listing removed$1,549,000$762/sqft
        Source: The Premier Property Group, LLC #552764 Report a problem
        12/16/2011Listed for sale$1,549,000$762/sqft
        Source: The Premier Property Group, LLC #552764 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$22,116 +12%$2,390,383 +10%
        2023$19,745 +18.5%$2,173,075 +25.3%
        2022$16,660 +9.2%$1,733,985 +10%
        2021$15,259 +1.2%$1,576,350 +4.4%
        2020$15,073 +10.6%$1,509,932 +10%
        2019$13,632 $1,372,665 +3%
        2018$13,632 +2.6%$1,332,677 +4%
        2017$13,288 +6.3%$1,281,420 +5%
        2016$12,503 +6.3%$1,220,400 +19%
        2015$11,765 +12.9%$1,025,136 +26%
        2014$10,420 $813,600 +9.6%
        2013-- $742,410 +9%
        2012-- $681,390 -2.9%
        2011-- $701,730
        2010-- $701,730 -8%
        2009-- $762,750 -34.8%
        2008-- $1,169,550

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $19,151/mo
        Principal & interest
        $16571
        Property taxes
        $2580
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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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