NOT LISTED FOR SALE

37 S Compass Point Way Unit 110 Inlet Beach, FL 32461

Watersound Neighborhood

Estimated Value: $2,599,000 - $2,896,000

3 Beds
3.5 Baths
2,280 Sq Ft
$2,486/mo HOA Fee

Last Sold May 15, 2024

Last sale price $2,600,000 $1,140 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $19,530/month

53 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated Community
  • Bay Elementary School Rated A-
  • Deeded access to the beach
  • Main Floor Primary Bedroom

About This Home

As of May 2024

This beautiful WaterSound condo has undergone a dramatic transformation with new hardwood flooring in all the bedrooms, updated furnishings and stunning new decor and lighting by Laura McKee of L. Hamilton & Co.. Situated in the gated community of WaterSound Beach, the location and floor plan are hard to beat. The kitchen is the heart of the action with freshly painted white cabinets complementing granite countertops, a Sub-Zero refrigerator, Viking gas range and stainless steel hood. Three spacious ensuite bedrooms and three full baths plus a half bath provide expansive accommodations for family and visiting guests. The open great room has ample space for entertaining with a dining area and a spacious living room . Half-height wainscoting adds a touch of classic detail while French doors blur the the line between indoor and outdoor living. The spacious porch, nestled in the dunes, is the perfect spot for enjoying cocktails and evening breezes. The master bedroom has its own access to a private screened porch, sharing the same unspoiled views perfect for morning coffee. A jetted soaking tub and separate shower enhance the generous master bathroom. This condo has been lovingly maintained as a second home and has never been rented. It includes a large attached garage and use of a pool reserved exclusively for Compass Point owners and guests. Boardwalks lead over the dunes to the mile-long white sandy beach for morning strolls, shelling and swimming in the turquoise water of the Gulf of Mexico. Hop on your golf cart and explore the outstanding amenities that include A fitness center, parks, pools, dog park and seven miles of walking trails. Enjoy shopping and dining along 30A before returning home to the tranquility, privacy and security that this upscale condo affords.

Last Listed By

The Geppert Beek Group

Scenic Sotheby's International Realty Brokerage Email: vanessa@scenicsir.com Listed on: 01/26/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,228

Year Built

  • Built in 2005

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $2,486 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2,280 Sq Ft Home
  • Furnished
  • Window Treatments
  • Living Room
  • Home Office
  • Screened Porch
  • Gulf Views
  • Dryer

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16030-000-0110

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, licenses/permits, master, recreational faclty, security, sewer, water, cable TV, trash
  • Watersound Beach Subdivision

Amenities

  • Picnic Area
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,228

Year Built

Built in 2005

Lot Details

0

HOA Fees

$2,486 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: WATERSOUND BEACH
  • Directions: From Hwy 98, turn South onto Watersound Pkwy. Turn right onto 30A 2.3 miles and the main gates of Watersound Beach will be on your left. You will need a pass for security at gate. Continue straight through to Compass Point Way is on your left. Turn right and Compass Point II will be on your right. Unit 110 will be the second the left.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2005
  • Attribution Contact: vanessa@scenicsir.com
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Gas
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Furnished - Some, Pantry, Washer/Dryer Hookup, Window Treatment All
  • Appliances Dishwasher: Yes
  • Appliances:StoveOven Gas: Yes

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Deed Access, Elevators, Exercise Room, Gated Community, Pets Allowed, Picnic Area, Playground, Pool, Waterfront
  • Association #2 Fee: 7458.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Licenses/Permits, Master Association, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 20-3S-18-16030-000-0110
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17228.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
May 15, 2024
Sold by
Rucker John and Rucker Marcia
Bought by
Ginn Christopher and Ginn Alison
Seller's Agent
The Geppert Beek Group
Scenic Sotheby's International Realty
Buyer's Agent
- Ecn.rets.e7550
ecn.rets.RETS_OFFICE
List Price
$2,600,000
Sold Price
$2,600,000
Total Days on Market
53
Views
34
Current Estimated Value
$2,791,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,036
Avg. Annual Appreciation
7.20%
Original Mortgage
$2,210,000
Outstanding Balance
$1,858,995
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$932,041

Purchase Details

Closed on
Jan 3, 2008
Sold by
Compass Point At Watersound Owners Assn
Bought by
Rucker John B and Rucker Marcia W

Purchase Details

Closed on
Jul 25, 2005
Sold by
Gay Thomas W and Rogers Travis L
Bought by
Rucker John B and Rucker Marcia W

Range of Values:

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Average Value
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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
Ginn Christopher $2,600,000 Mcneese Title
Rucker John B -- Attorney
Rucker John B $1,700,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ginn Christopher $2,210,000
Previous Owner Rucker John B $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $2,600,000 0.0% $1,140 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $2,600,000 -- $1,140 / 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 $17,946 $2,214,450 -- $2,214,450
2023 $17,946 $1,975,050 $0 $1,975,050
2022 $16,640 $1,795,500 $0 $1,795,500
2021 $6,526 $711,809 $0 $0
2020 $6,635 $1,198,870 $0 $1,198,870
2019 $6,444 $686,198 $0 $0
2018 $6,343 $673,403 $0 $0
2017 $6,169 $659,552 $0 $0
2016 $6,094 $645,986 $0 $0
2015 $6,146 $641,496 $0 $0
2014 $6,183 $636,405 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller'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

  • -

    Buyer's Agent in 2024

    - Ecn.rets.e7550

    ecn.rets.RETS_OFFICE

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 940862

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16030-000-0110

Florida Walton County Inlet Beach 32459 Watersound

37 S Compass Point Way Unit 110, Inlet Beach, FL

Homes for Sale in Inlet Beach, FL

This home is located at 37 S Compass Point Way Unit 110, Inlet Beach, FL 32461 since 26 January 2024 and is currently estimated at $2,791,036, approximately $1,224 per square foot. This property was built in 2005. 37 S Compass Point Way Unit 110 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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