NOT LISTED FOR SALE

37 S Compass Point Way Unit 109 Inlet Beach, FL 32461

Watersound Neighborhood

Estimated Value: $2,768,021

3 Beds
3.5 Baths
2,280 Sq Ft
$1,869/mo HOA Fee

Last Sold February 13, 2024

Last sale price $2,825,000 $1,239 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $18,611/month

63 Days on Market

Highlights

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

About This Home

As of February 2024

Find modern perfection at this newly and completely renovated two-level 3BR/3.5BA residence plus office and bunk room in the coveted Compass Point II building in WaterSound Beach. Nestled alongside the towering dunes, enjoy the sounds and smells of the Gulf from balconies with picturesque views, all just steps along a dedicated boardwalk to one of the most breathtaking beaches in the area. Impeccably updated, the interior has been reimagined with new paint, hardware, lighting, cable stairway railings, window treatments, refinished hardwood floors, and more. The reverse floor plan offers an open living and dining space that exudes elegance with custom artwork and designer furnishings. Accessed from this space, the large balcony provides additional space to relax and soak in the beach breeze. Highlights of the beautifully appointed kitchen include ample storage and workspace with custom cabinetry, a pecky cypress hood accent, quartz countertops, a lowered counter height bar, and new stainless-steel appliances. A closet was expertly converted to an additional bar area with custom cabinetry, pecky cypress accent wall, floating shelves, and a refrigerator drawer set between bar cabinets. Two comfortably sized guest rooms with fully updated ensuite bathrooms and a powder room are also located on this level. The first level primary suite is a serene retreat with private screened porch and a stunning ensuite with dual vanity, separate soaking tub, and a glass enclosed tiled walk-in shower. A custom bunk room was added in the downstairs hallway including custom niches per bunk with charging ports, separate lighting for each bunk, and custom shelving/storage areas. The separate office area has new counters, painted cabinets, and updated cabinet hardware. The attached garage provides excellent storage along with easy access to the unit.

The enchanting community of WaterSound Beach is located south of Scenic Highway 30A offering homeowners a rare sense of seclusion yet with easy access to area activities. Amenities include gated entry, swimming pools, a puttering park, community green spaces, a state-of-the-art fitness center, and private access to one of the most beautiful coastlines in the area with towering white sand dunes and winding wooden boardwalks.

Last Listed By

Anne Winicki

Berkshire Hathaway HomeServices License #705369 Listed on: 10/09/2023

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,731

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 1,263

HOA Fees

  • $1,869 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Newly Painted Property

Interior Spaces

  • 2,280 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Furnished
  • Woodwork
  • Crown Molding
  • Ceiling Fan
  • Plantation Shutters
  • Living Room
  • Dining Area
  • Home Office
  • Screened Porch
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16030-000-0109

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, legal, management, repairs/maintenance, services, trash
  • Watersound Beach Subdivision

Recreation

  • Beach
  • Community Playground
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,731

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$1,869 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: WATERSOUND BEACH
  • Directions: From Hwy 98 turn South onto Hwy 395. Turn east onto Scenic Hwy 30A. Turn South into Watersound Beach and you will need a pass from security for entry. Go through gate down Watersound Way to end and take a left. Turn left onto Compass Point Way and then turn right at 37 Compass Point. Unit will be to the right.
  • 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

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Stove/Oven Gas, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Newly Painted, Owner's Closet, Pantry, Plantation Shutters, Renovated, Wet Bar, Window Treatmnt Some, Woodwork Painted
  • Stories: 4
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Appliances:StoveOven Gas: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Exterior Features: Balcony, Porch, Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Exercise Room, Fishing, Gated Community, Pets Allowed, Playground, Pool, Waterfront
  • Association #2 Fee: 5608.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Legal, Management, Repairs/Maintenance, Services, Trash

Schools

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

Lot Info

  • Parcel #: 20-3S-18-16030-000-0109
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14730.51
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Feb 13, 2024
Sold by
Watersound Beach Cpii 109 Llc
Bought by
Watersound 109 Llc
Seller's Agent
Anne Winicki
Berkshire Hathaway HomeServices
Buyer's Agent
The Geppert Beek Group
Scenic Sotheby's International Realty
List Price
$2,990,000
Sold Price
$2,825,000
Premium/Discount to List
-$165,000
-5.52%
Total Days on Market
63
Views
15
Current Estimated Value
$2,768,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,979
Avg. Annual Appreciation
-6.27%
Original Mortgage
$1,000,000
Outstanding Balance
$988,154
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,613,835

Purchase Details

Closed on
Aug 3, 2012
Sold by
King Taylor Kevin C and King Taylor Angela
Bought by
Watersound Beach Cpii 109 Llc

Purchase Details

Closed on
May 19, 2011
Sold by
Taylor Angela King
Bought by
Taylor Angela King

Purchase Details

Closed on
Jan 3, 2008
Sold by
Compass Point At Watersound Owners Assn
Bought by
Taylor Kevin C and Taylor Gerald

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Watersound 109 Llc $2,825,000 None Listed On Document
Watersound Beach Cpii 109 Llc $592,500 Mcneese Title Llc
Taylor Angela King -- Attorney
Taylor Kevin C -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watersound 109 Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Sold $2,825,000 -4.2% $1,239 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/04/2023 11/04/23 Price Changed $2,949,000 -1.4% $1,293 / Sq Ft
10/09/2023 10/09/23 For Sale $2,990,000 -- $1,311 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

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 $15,867 $2,214,450 -- $2,214,450
2023 $15,867 $1,544,928 $0 $0
2022 $14,731 $1,795,500 $0 $1,795,500
2021 $12,359 $1,276,800 $0 $1,276,800
2020 $11,968 $1,198,870 $0 $1,198,870
2019 $10,824 $1,089,886 $0 $1,089,886
2018 $10,272 $1,058,148 $0 $0
2017 $9,569 $1,017,450 $0 $1,017,450
2016 $9,016 $969,000 $0 $0
2015 $8,233 $861,840 $0 $0
2014 $7,051 $684,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anne Winicki

    Seller's Agent in 2024

    Anne Winicki

    Berkshire Hathaway HomeServices

    (850) 960-1179

    53 in this area

    213 Total Sales

    Anne Winicki
    Section Image

  • T

    Buyer's Agent in 2024

    The Geppert Beek Group

    Scenic Sotheby's International Realty

    (850) 543-1457

    30 in this area

    93 Total Sales

    The Geppert Beek Group
    Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 934191

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16030-000-0109

Florida Walton County Inlet Beach 32459 Watersound

37 S Compass Point Way Unit 109, Inlet Beach, FL

Homes for Sale in Inlet Beach, FL

This home is located at 37 S Compass Point Way Unit 109, Inlet Beach, FL 32461 since 09 October 2023 and is currently priced at $2,768,021, approximately $1,214 per square foot. This property was built in 2005. 37 S Compass Point Way Unit 109 is a home located in Walton County with nearby schools including Bay Elementary School, Emerald Coast Middle School, and South Walton High School.

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.

Emerald Coast Association of REALTORS® 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.

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