37 S Compass Point Way Unit 107 Inlet Beach, FL 32461
Watersound NeighborhoodEstimated payment $15,430/month
Total Views
3,272
3
Beds
3.5
Baths
2,450
Sq Ft
$857
Price per Sq Ft
Highlights
- Beach
- Deeded access to the beach
- Gulf View
- Bay Elementary School Rated A-
- Fishing
- Gated Community
About This Home
Priced $600K under recent appraisal and designed by the acclaimed Graham Gund Architects, Compass Point II emulates the coastal Nantucket architecture found throughout WaterSound Beach. With only twenty-five residence style units, the low-density complex is strategically positioned behind the crystalline white sandy beaches and established dune vegetation offering short views of the local habitat and long views out to the sea. Residence 107 features the U1 configuration encompassing nearly 2,500 square feet of thoughtfully planned living space on one single level in addition to a one-car garage.
The three-bedroom unit has been recently transformed featuring a host of desirable upgrades. Throughout the entire space, hardwood flooring and wainscot paneling add a touch of timeless eleganc The thoughtfully equipped kitchen showcases luxury appliances, guaranteeing a superior level of culinary convenience. Abundant natural light bathes each room, courtesy of floor-to-ceiling windows adorned with classic plantation shutters. The primary bedroom, complete with a walk-in closet, provides a particularly private and spacious retreat. The open-plan living and dining room exude understated elegance, featuring built-ins that offer both desk space and storage. The focal point of this space is the octagonal-shaped bay, adorned with several doors opening onto the expansive screened porch.
WaterSound Beach resides on 1,400 acres and over a mile of private Gulf frontage. The culmination of amenities and exclusiveness affords residents with the epitome of private coastal living while remaining geographically poised near the world-class dining and entertainment venues 30A has to offer. Notable amenities include a heated community swimming pool, fitness center, pedestrian bridges, and multiple community parks. 2021 Golf Cart with new lithium batteries is also included with the sale. Inquire today to schedule a private viewing and start living the coastal lifestyle you deserve.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,067
Year Built
- Built in 2005
HOA Fees
- $2,743 Monthly HOA Fees
Parking
- 1 Car Detached Garage
Home Design
- Newly Painted Property
- Slab Foundation
- Composition Shingle Roof
- Concrete Siding
- Steel Siding
- Wood Trim
- Cement Board or Planked
Interior Spaces
- 2,450 Sq Ft Home
- 4-Story Property
- Furnished
- Built-in Bookshelves
- Woodwork
- Crown Molding
- Ceiling Fan
- Window Treatments
- Living Room
- Screened Porch
- Gulf Views
Kitchen
- Breakfast Bar
- Gas Oven or Range
- Stove
- Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Painted or Stained Flooring
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Dressing Area
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
- Garden Bath
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Deeded access to the beach
Schools
- Dune Lakes Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 20-3S-18-16030-000-0107
Community Details
Overview
- Association fees include master, security, cable TV
- 25 Buildings
- 25 Units
- Watersound Beach Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Recreation Room
Recreation
- Beach
- Community Pool
- Fishing
Pet Policy
- Pets Allowed
Security
- Gated Community
- Fire and Smoke Detector
- Fire Sprinkler System
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $13,067 | $1,556,363 | -- | $1,556,363 |
| 2023 | $13,067 | $1,334,025 | $0 | $0 |
| 2022 | $12,125 | $1,414,875 | $0 | $1,414,875 |
| 2021 | $10,672 | $1,102,500 | $0 | $1,102,500 |
| 2020 | $12,860 | $1,288,259 | $0 | $1,288,259 |
| 2019 | $11,631 | $1,171,149 | $0 | $1,171,149 |
| 2018 | $11,082 | $1,137,045 | $0 | $0 |
| 2017 | $10,322 | $1,093,313 | $0 | $1,093,313 |
| 2016 | $9,724 | $1,041,250 | $0 | $0 |
| 2015 | $9,705 | $1,080,450 | $0 | $0 |
| 2014 | $8,279 | $857,500 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2025 07/20/25 | Pending | -- | -- | -- |
| 07/09/2025 07/09/25 | Price Changed | $2,100,000 | -8.7% | $857 / Sq Ft |
| 06/24/2025 06/24/25 | Price Changed | $2,300,000 | -2.5% | $939 / Sq Ft |
| 06/02/2025 06/02/25 | Price Changed | $2,360,000 | 0.0% | $963 / Sq Ft |
| 06/02/2025 06/02/25 | For Sale | $2,360,000 | -5.2% | $963 / Sq Ft |
| 04/01/2025 04/01/25 | Pending | -- | -- | -- |
| 03/26/2025 03/26/25 | Price Changed | $2,490,000 | -4.2% | $1,016 / Sq Ft |
| 03/14/2025 03/14/25 | Price Changed | $2,599,000 | -3.3% | $1,061 / Sq Ft |
| 11/14/2024 11/14/24 | Price Changed | $2,689,000 | -3.8% | $1,098 / Sq Ft |
| 08/21/2024 08/21/24 | Price Changed | $2,795,000 | -3.5% | $1,141 / Sq Ft |
| 07/02/2024 07/02/24 | For Sale | $2,895,000 | -- | $1,182 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,100,000 | Attorney | |
| Warranty Deed | -- | Attorney | |
| Special Warranty Deed | $1,325,000 | Residential Cmnty Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | Credit Line Revolving |
Source: Public Records
About the Listing Agent
With nearly 30 years of experience, Hilary Farnum-Fasth is a recognized leader in luxury and new development real estate, setting the standard for excellence along 30A and beyond. Her deep market expertise, strategic foresight, and ability to bring high-end communities to life have made her an indispensable partner to developers, investors, and discerning buyers.
Hilary’s career began in new construction, where she played a pivotal role in the early development of WaterSound Beach
Hilary's Other Listings
-
$3,484,000 New Construction
- 4 Beds
- 4.5 Baths
- 2,617 Sq Ft
- 65 Grace Point Way
- Unit C1
- Panama City Beach, FL
-
$3,499,000 New Construction
- 4 Beds
- 4.5 Baths
- 2,677 Sq Ft
- 65 Grace Point Way
- Unit B3
- Panama City Beach, FL
Source: Emerald Coast Association of REALTORS®
MLS Number: 952032
APN: 20-3S-18-16030-000-0107
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 37 S Compass Point Way Unit 108
- 37 S Compass Point Way Unit 103
- 27 Compass Rose Way
- 98 Compass Point Way
- 17 Compass Point Way
- 14 Dune Comet Ln Unit A
- 62 Dune Comet Ln Unit B
- 38 E Pine Lands Loop Unit A
- 27 Dune Comet Ln Unit B
- 54 W Pine Lands Loop Unit A
- 41 Compass Point Way
- 409 Coopersmith Ln
- 23 S Founders Ln
- 254 Yacht Pond Ln
- 72 S Founders Ln
- 130 Yacht Pond Ln
- 265 Salt Box Ln
- 253 Salt Box Ln
- 264 Grace Point Way
- 9 Honor Ln