$810,000
SOLD JUN 30, 2015

47 Compass Point Way Watersound, FL 32461

Watersound Neighborhood
0.12 Acre
$6,750,000 Price per Acre
5,227 Sq Ft Lot

Recently Sold

455 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Gulf View
  • Bay Elementary School Rated A-
  • Fishing
  • Gated Community

About This Lot

As of June 2025

PRICE REDUCED BY $70K!! Don't miss out on this EXCELLENT OPPORTUNITY to own a PREMIUM lot in WaterSound Beach! One of the BEST elevated lots in WaterSound Beach, allowing a properly placed home to have Gulf Views. Bordering one of the Community Parks and the Yacht Pond, this lot offers privacy and a location of that cannot be duplicated. Located on the southside of Scenic Hwy 30A, WaterSound Beach is a gated community nestled between Deer Lake Park, Camp Creek Lake and Point Washington Forest. The community offers 24 Security, 1 mile of Sugar White Sandy Beaches and Emerald Waters, Towering Dunes, Community GYM, Golf Cart Paths to the Beach and more. Buyer to verify all information to buyers satisfaction including but not limited to lot size, zoning etc. Owners can also join the Private Beach Club and two Private Golf Courses. Make an appointment today to view this one of kind property

Last Agent to Sell the Property

Amin Delawalla

Christies International Real Estate Emerald Coast License #3114659 Listed on: 03/07/2014

Christies International Real Estate Emerald Coast

Last Buyer's Agent

Hannah Martin

Beach Properties Of Florida Ll

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,149

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 48x110
  • Property fronts a county road
  • Interior Lot
  • Level Lot

HOA Fees

  • $370 Monthly HOA Fees

Schools

  • Emerald Coast Middle School
  • South Walton High School

Additional Features

  • Gulf Views
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16013-000-0470

Community Details

Overview

  • Association fees include accounting, ground keeping, management, recreational faclty
  • Watersound Beach Subdivision
  • The community has rules related to covenants
  • Handicap Modified Features In Community

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room

Recreation

  • Beach
  • Community Playground
  • Community Pool
  • Fishing
  • Deeded access to the beach

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,149

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.12
  • Lot Size: 48x110
  • Road Frontage Type: County Road
  • Road Surface Type: Paved Road
  • Subdivision Name: WaterSound Beach
  • Directions: 30A to WaterSound gate house. Go down WaterSound Parkway, turn left on Boat Wright way, turn left on Compass Point. Lot on the left second from the corner.
  • Special Features: None

Exterior Features

  • Lot Features: Covenants, Curb & Gutter, Interior, Level, Restrictions, Survey Available
  • View: Gulf
  • Lot Features:Level: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Lot Features:Curb Gutter: Yes

Utilities

  • Utilities: Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Exercise Room, Fishing, Gated Community, Handicap Provisions, Picnic Area, Playground, Pool, TV Cable, Waterfront
  • Association #2 Fee: 1110.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Recreational Faclty

Schools

  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 20-3S-18-16013-000-0470
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3149.27
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Jun 2, 2025
Sold by
Loupe Roxanne S and Loupe Troy D
Bought by
Desert Frog Technology Llc
Seller's Agent
Cheryl Chamblee
EXP Realty LLC
Buyer's Agent
Teresa Turner
Scenic Sotheby's International Realty
List Price
$5,600,000
Sold Price
$4,865,000
Premium/Discount to List
-$735,000
-13.12%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
560.21%

Purchase Details

Closed on
Aug 29, 2008
Sold by
The St Joe Co
Bought by
Loupe Troy D and Loupe Roxanne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,375
Interest Rate
6.61%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,865,000 Watersound Title
Warranty Deed $4,865,000 Watersound Title
Special Warranty Deed $512,500 Residential Community Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Commercial
Previous Owner $1,790,000 Assumption
Previous Owner -- No Value Available
Previous Owner -- No Value Available
Previous Owner $1,400,000 Construction
Previous Owner $384,375 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Sold $4,865,000 -5.5% $1,029 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
03/13/2025 03/13/25 Price Changed $5,150,000 -5.6% $1,089 / Sq Ft
12/31/2024 12/31/24 Price Changed $5,455,000 -2.6% $1,154 / Sq Ft
10/11/2024 10/11/24 For Sale $5,600,000 +591.4% $1,185 / Sq Ft
06/30/2015 06/30/15 Sold $810,000 0.0% --
06/05/2015 06/05/15 Pending -- -- --
03/07/2014 03/07/14 For Sale $810,000 -- --
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

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 $30,109 $3,936,749 -- --
2023 $30,109 $2,965,970 $0 $0
2022 $41,516 $4,802,766 $1,704,463 $3,098,303
2021 $24,920 $2,612,154 $0 $0
2020 $25,343 $2,783,958 $991,941 $1,792,017
2019 $24,637 $2,518,171 $0 $0
2018 $24,269 $2,471,218 $0 $0
2017 $21,050 $2,322,712 $810,810 $1,511,902
2016 $5,612 $742,500 $0 $0
2015 $5,128 $660,000 $0 $0
2014 $4,322 $522,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Chamblee

    Seller's Agent in 2025

    Cheryl Chamblee

    EXP Realty LLC

    (205) 478-9778

    6 in this area

    20 Total Sales

    Cheryl Chamblee
    Section Image
  • Teresa Turner

    Buyer's Agent in 2025

    Teresa Turner

    Scenic Sotheby's International Realty

    (850) 933-7899

    6 in this area

    62 Total Sales

    Teresa Turner
    Section Image
  • Amin Delawalla

    Seller's Agent in 2015

    Amin Delawalla

    Christies International Real Estate Emerald Coast

    (850) 225-9899

    8 in this area

    268 Total Sales

    Amin Delawalla
    Section Image

  • H

    Buyer's Agent in 2015

    Hannah Martin

    Beach Properties Of Florida Ll

  • -

    Buyer's Agent in 2015

    - Ecn.rets.e8702

    ecn.rets.RETS_OFFICE

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 700374

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16013-000-0430

Florida Walton County Watersound 32459 Watersound

47 Compass Point Way, Watersound, FL

This home is located at 47 Compass Point Way, Watersound, FL 32461 and is currently priced at $810,000. 47 Compass Point Way is a home located in Walton County with nearby schools including Bay Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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