$2,490,000
PENDING

37 S Compass Point Way Unit 107 Inlet Beach, FL 32461

Watersound Neighborhood

Estimated payment $17,704/month

Total Views 20,651
3 Beds
3.5 Baths
2,450 Sq Ft
$1,016 Price per Sq Ft

Highlights

  • Beach
  • Deeded access to the beach
  • Gulf View
  • Bay Elementary School Rated A-
  • Fishing
  • Gated Community

About This Home

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 elegance. 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.

Listing Agent

ecn.rets.brokerage.e1345

ecn.rets.RETS_OFFICE

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
  • 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
  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,067

Year Built

Built in 2005

Lot Details

0

HOA Fees

$2,743 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: WATERSOUND BEACH
  • Directions: From Hwy 395 and 30A head east approximately 4 miles. Turn right into the main section of Watersound Beach (gatehouse). Follow Watersound Way to Coopersmith Lane and take a left. Follow until you see the condo building.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2005
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 25
  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Dual Fuel, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Floor Hardwood, Floor Tile, Furnished - All, Newly Painted, Window Treatment All, Woodwork Painted
  • Stories: 4
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Range Hood: Yes
  • Appliances:StoveOven Dual Fuel: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Concrete, Roof Composite Shngl, Siding CmntFbrHrdBrd, Slab, Steel, Trim Wood
  • Exterior Features: Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • ConstructionSiding:Trim Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage Detached
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Exercise Room, Fishing, Gated Community, Pets Allowed, Picnic Area, Pool, TV Cable, Waterfront
  • Association #2 Fee: 8230.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Master Association, Security, Cable TV

Schools

  • Elementary School: Dune Lakes
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 20-3S-18-16030-000-0107
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 25

Tax Info

  • Tax Annual Amount: 13067.1
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
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®

Deed 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

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Source: Emerald Coast Association of REALTORS®

MLS Number: 952032

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16030-000-0107