
37 S Compass Point Way Unit 108 Watersound, FL 32461
Watersound NeighborhoodEstimated payment $18,210/month
Highlights
- Property fronts gulf or ocean
- Deeded access to the beach
- Fishing
- Dune Lakes Elementary School Rated A-
- In Ground Pool
- Gated Community
About This Home
Overlooking the emerald waters of 30A and listed well below appraised value, welcome to Compass Point, a luxury waterfront condo in the heart of Watersound Beach. This two-story condo, designed by Graham Gund, was recently remodeled with Viking & Liebherr appliances, polished marble, refinished cabinets, a new water heater, and more. The first floor includes a spacious primary suite with screened porch, garden tub, garage (unique to this unit), office, and bunks. Upstairs, enjoy a gourmet kitchen, wet bar, and covered porch with stunning Gulf & dune views. Designer furnishings and golf cart included. Located between Deer Lake State Park and Camp Creek Lake, walk to the St. Joe Beach Club or drive 1.8 mi to Camp Creek Golf. Enjoy deeded beach access, 2 community pools, and more. Show now!
Listing Agent
Christies International Real Estate Emerald Coast Listed on: 08/29/2025

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $20,227
Year Built
- Built in 2005
Lot Details
- Property fronts gulf or ocean
HOA Fees
- $2,743 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Automatic Garage Door Opener
Property Views
- Gulf
- Lake
Home Design
- Newly Painted Property
- Slab Foundation
- Composition Shingle Roof
- Steel Siding
- Cement Board or Planked
Interior Spaces
- 2,280 Sq Ft Home
- Wet Bar
- Furnished
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Window Treatments
- Living Room
- Home Office
- Screened Porch
- Washer
Kitchen
- Breakfast Bar
- Gas Oven or Range
- Stove
- Cooktop with Range Hood
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Built-In Bunk Beds
- En-Suite Primary Bedroom
- Dual Vanity Sinks in Primary Bathroom
- Garden Bath
Home Security
Outdoor Features
- In Ground Pool
- Deeded access to the beach
- Lock
- Balcony
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-18-16030-000-0108
Community Details
Overview
- Association fees include accounting, ground keeping, insurance, internet service, management, master, recreational faclty, repairs/maintenance, security, cable TV, trash
- 25 Buildings
- 25 Units
- Watersound Beach Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Community Pavilion
- Recreation Room
- Elevator
Recreation
- Community Playground
- Community Pool
- Fishing
Pet Policy
- Pets Allowed
Security
- Gated Community
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,749 | $1,198,870 | $0 | $1,198,870 |
2019 | $6,554 | $697,294 | $0 | $0 |
2018 | $6,451 | $684,292 | $0 | $0 |
2017 | $6,275 | $670,217 | $0 | $0 |
2016 | $6,198 | $656,432 | $0 | $0 |
2015 | $9,032 | $1,005,480 | $0 | $0 |
2014 | $7,705 | $798,000 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/29/2025 08/29/25 | For Sale | $2,549,000 | -- | $1,118 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $2,965,000 | South Oak Title | |
Warranty Deed | $2,490,000 | None Listed On Document | |
Warranty Deed | $1,575,000 | Attorney | |
Warranty Deed | $985,000 | Mcneese Title Llc | |
Special Warranty Deed | $730,000 | Attorney | |
Warranty Deed | $793,100 | Attorney | |
Warranty Deed | -- | Attorney |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $500,000 | Credit Line Revolving | |
Previous Owner | $2,000,000 | New Conventional | |
Previous Owner | $1,023,750 | New Conventional | |
Previous Owner | $400,000 | Commercial | |
Previous Owner | $655,000 | Seller Take Back |
Similar Home in Watersound, FL
Source: Emerald Coast Association of REALTORS®
MLS Number: 984235

APN: 20-3S-18-16030-000-0108
- 14 Dune Comet Ln Unit A
- 62 Dune Comet Ln Unit B
- 54 W Pine Lands Loop Unit A
- 37 S Compass Point Way Unit 103
- 409 Coopersmith Ln
- 23 S Founders Ln
- 72 S Founders Ln
- 17 Compass Point Way
- 41 Compass Point Way
- 98 Compass Point Way
- 34 N Watch Tower Ln
- 118 S Shingle Ln
- 254 Yacht Pond Ln
- 48 Shingle Ln
- 130 Yacht Pond Ln
- 13 Madaket Way
- 30 E Yacht Pond Ln
- 85 S Founders Ln
- 265 Salt Box Ln
- 29 Yacht Pond Ln W
- 53 E Pine Lands Loop Unit A
- 10 Rainer Ln
- 296 Milestone Dr
- 18 Playalinda Ct
- 34 Herons Watch Way Unit 5205
- 291 S Gulf Dr
- 120 Suwannee Dr
- 59 Dune Rosemary Ct
- 100 N Myrtle Dr Unit 116
- 20 Sawgrass Ln
- 3799 E County Highway 30a Unit 13C
- 3692 E County Highway 30a Unit 22
- 231 Somerset Bridge Rd Unit 1210
- 91 Pelayo Ave
- 40 Blue Stream Way
- 429 Montigo Ave N Unit ID1285941P
- 88 Blue Crab Loop E
- 35 Golden Bell Ct Unit 35D
- 14 Conifer Ct
- 106 Conifer Ct