37 S Compass Point Way Unit 421 Watersound, FL 32461
Watersound NeighborhoodEstimated payment $22,239/month
Highlights
- Beach
 - Gulf View
 - Newly Painted Property
 - Dune Lakes Elementary School Rated A-
 - Gated Community
 - Cathedral Ceiling
 
About This Home
This gulf-facing condo in WaterSound Beach tears up the rule book when it comes to conservative architecture. From soaring windows framing gulf and lake views to a bonus living space in the mezzanine loft, this luxury retreat is all about the view. Sitting high above the dune lakes, this residence has a light, bright living space with 20-ft. ceilings and stunning two-story-high windows framing incredible coastal views from the sitting area, dining room and the newly revamped kitchen. If you want to feel the breeze, just step outside onto the balcony and breathe in the fresh sea air. Fully renovated to the highest standard, it has new custom lighting and fresh paint, creating a cool coastal feel. Three new HVAC units ensure comfort and efficiency. There's a guest bedroom on the main floor, along with a newly updated bathroom, which has a tiled shower. The stunning chef's kitchen showcases new cabinetry topped with gorgeous quartz countertops. High-end appliances include a Viking refrigerator, range, and Bosch dishwasher, minimizing time spent on kitchen duty. A cool bar offers a perfect space to hang out over a glass of wine while making plans for the evening. It supplements the spacious dining table, which seats an additional six diners. Ascend a flight of stairs to the mezzanine level, which is furnished with a sleeper sofa and TV. It's the perfect bonus space for watching TV or accommodating additional overnight guests. The half-height rail offers expansive open views of the sitting room below and the stunning coastal views. Hardwood stairs also lead down to the lower floor, where there's a guest bedroom with a beautifully updated bathroom featuring a walk-in shower. Beyond the laundry room, the tastefully appointed primary suite is a peaceful retreat with its own sitting area. The adjoining bathroom has been completely re-imagined to include a seated vanity, a fully tiled walk-in shower and a freestanding oval tub. This oversize master suite also has its own private balcony, providing the perfect hideaway for reading or sipping coffee before the day begins. With a proven rental history, this fully furnished property is ready to enjoy as a smart investment property, a vacation retreat, or your full-time coastal home. This outstanding Compass Point II residence includes a detached garage for storing golf carts, beach chairs and bicycles. WaterSound residents and guests have access to a host of enviable amenities, including golf, community pools, tennis and pickleball courts, a wellness center, dining, boutique shopping, and a private beach.
Listing Agent
Scenic Sotheby's International Realty Brokerage Email: penny@scenicsir.com License #3271422 Listed on: 09/11/2025
Property Details
Home Type
- Condominium
 
Est. Annual Taxes
- $22,116
 
Year Built
- Built in 2005
 
HOA Fees
- $2,861 Monthly HOA Fees
 
Parking
- 1 Car Detached Garage
 - Automatic Garage Door Opener
 
Property Views
- Gulf
 - Lake
 
Home Design
- Newly Painted Property
 - Composition Shingle Roof
 - Cement Board or Planked
 
Interior Spaces
- 2,034 Sq Ft Home
 - Furnished
 - Cathedral Ceiling
 - Window Treatments
 - Living Room
 
Kitchen
- Breakfast Bar
 - Cooktop
 - Microwave
 - Dishwasher
 - Disposal
 
Flooring
- Wall to Wall Carpet
 - Tile
 
Bedrooms and Bathrooms
- 3 Bedrooms
 - Dressing Area
 - 3 Full Bathrooms
 - Dual Vanity Sinks in Primary Bathroom
 - Separate Shower in Primary Bathroom
 - Garden Bath
 
Laundry
- Dryer
 - Washer
 
Outdoor Features
- Balcony
 
Schools
- Dune Lakes Elementary School
 - Emerald Coast Middle School
 - South Walton High School
 
Utilities
- Multiple cooling system units
 - Central Air
 - Underground Utilities
 - Electric Water Heater
 - Cable TV Available
 
Listing and Financial Details
- Assessor Parcel Number 20-3S-18-16030-000-0421
 
Community Details
Overview
- Association fees include accounting, ground keeping, master, recreational faclty, security, sewer, water, trash
 - Watersound Beach Subdivision
 
Amenities
- Community Barbecue Grill
 - Elevator
 
Recreation
- Beach
 - Community Pool
 
Security
- Gated Community
 
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | 
|---|---|---|---|---|
| 09/11/2025 09/11/25 | For Sale | $3,350,000 | -- | $1,647 / Sq Ft | 
Source: Emerald Coast Association of REALTORS®
MLS Number: 985174
- 54 W Pine Lands Loop Unit A
 - 64 W Pine Lands Loop Unit A
 - 14 Dune Comet Ln Unit A
 - 37 S Compass Point Way Unit 108
 - 37 S Compass Point Way Unit 103
 - 409 Coopersmith Ln
 - 27 Compass Rose Way
 - 41 Compass Point Way
 - 34 N Watch Tower Ln
 - 8 Watch Tower Ln S
 - 118 S Shingle Ln
 - 254 Yacht Pond Ln
 - 48 Shingle Ln
 - 130 Yacht Pond Ln
 - 38 Shingle 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
 - 11 E Crabbing Hole Ln
 - 125 W Pine Lands Loop Unit B
 - 18 Playalinda Ct
 - 34 Herons Watch Way Unit 3202
 - 34 Herons Watch Way Unit 5205
 - 291 S Gulf Dr
 - 20 Ravine Rd
 - 39 Suwannee Dr
 - 59 Dune Rosemary Ct
 - 100 N Myrtle Dr Unit 116
 - 43 Cassine Way Unit 402
 - 20 Sawgrass Ln
 - 63 Sawgrass Ln
 - 3692 E County Highway 30a Unit 22
 - 231 Somerset Bridge Rd Unit 1210
 - 40 Blue Stream Way
 - 9955 E County Highway 30a Unit E109
 - 88 Blue Crab Loop E