37 S Compass Point Way Unit 425 Inlet Beach, FL 32461
Watersound NeighborhoodHighlights
- Beach
- Property fronts gulf or ocean
- Newly Painted Property
- Bay Elementary School Rated A-
- Gated Community
- Vaulted Ceiling
About This Home
As of January 2025Overlooking the dunes of Watersound Beach and emerald coast waters,
this luxury penthouse condo boasts some of the best views on 30A. With
over 70 feet of gulf frontage and two large porches with wide overhangs,
there are unobstructed gulf views from most rooms. This 4 bedroom, 4
1/2 bath penthouse was recently renovated by Summer House Design.
With 10 to 15 foot ceilings, an open floor plan, 4 en suite bedrooms, a
powder room, and laundry room, this large end unit feels more like a
home. The casually elegant design features hardwood floors, marble tile,
and granite countertops in the remodeled kitchen and bathrooms. The
gourmet kitchen has Viking appliances and a large island and pantry. The
master bathroom features 2 custom vanities, a walk in shower, and.... a stand alone soaking tub. With 2842 sq feet and a one car garage, this is the largest floor plan in Watersound Beach. Furniture and artwork reflect a casually elegant coastal decor and are included. Compass Point II was designed by the acclaimed Graham Gund Architects and emulates the Nantucket style found throughout Watersound Beach. With only 25 residences in Compass Point II, this low density complex has a private pool for the sole use of Compass Point owners. Compass Point is situated between Deer Lake State Park and Camp Creek Lake offering opportunities for hiking, kayaking, paddle boarding and fishing. It is a 7 minute walk to the St Joe Beach Club and 1.8 miles from the Camp Creek golf course.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $19,463
Year Built
- Built in 2005
HOA Fees
- $2,486 Monthly HOA Fees
Parking
- 1 Car Garage
Property Views
- Gulf
- Lake
Home Design
- Newly Painted Property
- Composition Shingle Roof
- Cement Board or Planked
Interior Spaces
- 2,842 Sq Ft Home
- 4-Story Property
- Furnished
- Built-in Bookshelves
- Vaulted Ceiling
- Window Treatments
- Living Room
- Dining Area
- Wood Flooring
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Dressing Area
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
- Garden Bath
Laundry
- Dryer
- Washer
Schools
- Bay Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Balcony
- Property fronts gulf or ocean
Listing and Financial Details
- Assessor Parcel Number 20-3S-18-16030-000-0425
Community Details
Overview
- Association fees include accounting, insurance, internet service, management, master, recreational faclty, security, trash
- Watersound Beach Subdivision
Recreation
- Beach
- Community Playground
- Community Pool
Additional Features
- Elevator
- Gated Community
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,200,000 | Provident Title | |
| Warranty Deed | $4,200,000 | Provident Title | |
| Warranty Deed | $2,650,000 | Shoreline Title Llc | |
| Warranty Deed | $245,000 | Neighborhood Title Group | |
| Warranty Deed | $1,922,500 | Neighborhood Title Group | |
| Warranty Deed | $1,505,000 | Neighborhood Title Group | |
| Warranty Deed | -- | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,200,000 | New Conventional |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/13/2025 01/13/25 | Sold | $4,200,000 | -8.6% | $1,478 / Sq Ft |
| 12/13/2024 12/13/24 | Pending | -- | -- | -- |
| 09/28/2024 09/28/24 | Price Changed | $4,595,000 | -2.1% | $1,617 / Sq Ft |
| 08/30/2024 08/30/24 | Price Changed | $4,695,000 | -2.2% | $1,652 / Sq Ft |
| 08/17/2024 08/17/24 | For Sale | $4,800,000 | 0.0% | $1,689 / Sq Ft |
| 08/16/2024 08/16/24 | Off Market | $4,800,000 | -- | -- |
| 07/04/2024 07/04/24 | For Sale | $4,800,000 | -- | $1,689 / Sq Ft |
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 | $20,274 | $2,337,666 | -- | -- |
| 2023 | $20,274 | $2,269,579 | $0 | $0 |
| 2022 | $20,067 | $2,203,475 | $0 | $0 |
| 2021 | $20,343 | $2,139,296 | $0 | $0 |
| 2020 | $20,688 | $2,109,759 | $0 | $2,109,759 |
| 2019 | $19,047 | $1,917,952 | $0 | $1,917,952 |
| 2018 | $18,567 | $1,862,078 | $0 | $0 |
| 2017 | $17,746 | $1,790,460 | $0 | $1,790,460 |
| 2016 | $17,063 | $1,705,200 | $0 | $0 |
| 2015 | $13,684 | $1,432,368 | $0 | $0 |
| 2014 | $11,719 | $1,136,800 | $0 | $0 |
Source: Emerald Coast Association of REALTORS®
MLS Number: 953935
APN: 20-3S-18-16030-000-0425
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