$2,549,000

37 S Compass Point Way Unit 108 Watersound, FL 32461

Watersound Neighborhood

Estimated payment $18,210/month

Total Views 181
3 Beds
3.5 Baths
2,280 Sq Ft
$1,118 Price per Sq Ft

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

Beau Blankenship

Christies International Real Estate Emerald Coast Listed on: 08/29/2025

Christies International Real Estate Emerald Coast

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,227

Year Built

Built in 2005

Lot Details

0

HOA Fees

$2,743 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: WATERSOUND BEACH
  • Directions: From Hwy 30-A and Hwy 395 go east approximately 4 miles to the main WaterSound Beach Gatehouse entrance. Proceed straight and turn left at the dead end and proceed to Compass Point II.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2005
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Waterfront:Unit Waterfront: Yes
  • Waterview:Lake2: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Office2: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Number Of Buildings: 25
  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Freezer, Ice Machine, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Dual Fuel, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Floor Hardwood, Floor Tile
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Hallway Bunk Beds, Lighting Recessed, Lock Out, Newly Painted, Owner's Closet, Wet Bar
  • Window Features: Window Treatment All
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Appliances:StoveOven Dual Fuel: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Wet Bar: Yes
  • Interior:Hallway Bunk Beds: Yes

Exterior Features

  • Pool Features: Pool - In-Ground, Pool Type
  • View: Lake, Gulf
  • Waterfront Features: Unit Waterfront, Gulf
  • Waterfront: Yes
  • Construction Type: Siding CmntFbrHrdBrd, Siding Shake, Steel
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Patio Covered, Porch Screened
  • Property Condition: Renovated, Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Steel: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Siding Shake: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Deed Access, Elevators, Exercise Room, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, TV Cable, Waterfront
  • Association #2 Fee: 8230.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Management, Master Association, Recreational Faclty, Repairs/Maintenance, Security, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 20-3S-18-16030-000-0108

Multi Family

  • Number Of Units In Community: 25

Tax Info

  • Tax Annual Amount: 20227.4
  • 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 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $2,549,000 -- $1,118 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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
Source: Public Records

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
Source: Public Records

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MLS Number: 984235

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APN: 20-3S-18-16030-000-0108