$2,850,000

37 S Compass Point Way Unit 103 Watersound, FL 32461

Watersound Neighborhood

Estimated payment $19,715/month

Total Views 3,271
3 Beds
3.5 Baths
2,280 Sq Ft
$1,250 Price per Sq Ft

Highlights

  • Beach
  • Deeded access to the beach
  • Gated Community
  • Dune Lakes Elementary School Rated A-
  • Gulf View
  • Main Floor Primary Bedroom

About This Home

Discover Compass Point II, an exclusive Gulf-front retreat in the highly coveted Watersound community, offering breathtaking Gulf views and an intimate coastal lifestyle. This 3-bedroom, 3.5-bathroom condo is 1 of only 25, designed for effortless luxury and relaxation.

Step inside to experience new flooring throughout and an inviting open-concept great room with ample space for entertaining. The chef's kitchen is equipped with a Viking gas range and stainless steel hood, flowing seamlessly into the dining area and spacious living room.

Three expansive ensuite bedrooms each feature their own full bath, providing exceptional accommodations for family and guests. The primary suite is a serene escape with its own private porch, perfect for morning coffee in a peaceful setting. The primary bath boasts a jetted soaking tub, separate shower, and dual vanities, adding to the retreat-like ambiance. The office offers a spacious private room that can also be converted into a bunk room. Another unique feature of this property is the amount of storage/closet space throughout. Enjoy two spacious porches, including one off the main living area is the perfect setting for cocktails and evening breezes while taking in the breathtaking Gulf views and sunsets. An attached garage provides easy access, and residents of Compass Point enjoy exclusive access to a private pool reserved for owners and guests. Beyond the condo, boardwalks lead over the dunes to the mile-long white sandy beach, where you can enjoy morning strolls, and swimming in the turquoise waters of the Gulf of Mexico. Hop on your golf cart and explore Watersound's outstanding amenities, including a fitness center, multiple pools, a dog park, playgrounds, and seven miles of scenic walking trails. Enjoy shopping and dining along 30A before returning home to the privacy, tranquility, and security that this upscale condo affords. Don't miss this opportunity to own a piece of paradise on the Emerald Coast.

Listing Agent

The Geppert Beek Group

Scenic Sotheby's International Realty Brokerage Email: vanessa@scenicsir.com Listed on: 03/12/2025

Scenic Sotheby's International Realty

Co-Listing Agent

Clark & Mitchell Group

Rosemary Beach Realty LLC Brokerage Email: vanessa@scenicsir.com

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,024

Year Built

  • Built in 2005

HOA Fees

  • $2,861 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2,280 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Window Treatments
  • Living Room
  • Home Office
  • Gulf Views

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave

Bedrooms and Bathrooms

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

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 Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16030-000-0103

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, master, recreational faclty, security, sewer, trash
  • 25 Buildings
  • 25 Units
  • Watersound Beach Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room

Recreation

  • Beach
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,024

Year Built

Built in 2005

Lot Details

0

HOA Fees

$2,861 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: ERMB
  • Co List Office Phone: 850-278-2000
  • 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 must stop at the security gate. Continue straight through to Compass Point Way is on your left. Continue through and you will see Compass Point II on your right. Unit is on the left side of the complex.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2005
  • Attribution Contact: vanessa@scenicsir.com
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterfront:Unit Waterfront: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Office2: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Number Of Buildings: 25
  • Appliances: Dryer, Microwave, Refrigerator, Stove/Oven Dual Fuel, Washer, Water Heater - Elect
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Owner's Closet, Washer/Dryer Hookup
  • Stories: 4
  • Window Features: Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Appliances:StoveOven Dual Fuel: Yes

Exterior Features

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Exercise Room, Gated Community, Pets Allowed, Picnic Area, Playground, Pool, Waterfront
  • Association #2 Fee: 8583.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Master Association, Recreational Faclty, Security, Sewer, Trash

Schools

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

Lot Info

  • Parcel #: 20-3S-18-16030-000-0103

Multi Family

  • Number Of Units In Community: 25

Tax Info

  • Tax Annual Amount: 20024.42
  • Tax Year: 2024

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 $17,946 $2,214,450 -- $2,214,450
2022 $17,946 $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

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 For Sale $2,850,000 -- $1,250 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,350,000 Rodgers Kiefer Title
Warranty Deed $1,650,000 Shoreline Title Llc
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,350,000 New Conventional
Source: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 970961

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16030-000-0103