NOT LISTED FOR SALE

99 Compass Point Way Unit 202 Watersound, FL 32461

Watersound Neighborhood

Estimated Value: $1,443,454 - $1,838,000

2 Beds
2 Baths
1,332 Sq Ft
$2,486/mo HOA Fee

Last Sold May 09, 2024

Last sale price $1,650,000 $1,239 Per Sq Ft

Current estimated payment $12,322/month

186 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated Community
  • Bay Elementary School Rated A-
  • Deeded access to the beach
  • Wood Flooring

About This Home

As of May 2024

Welcome to Dunesview, a delightful Compass Point 1, second floor, end-unit condo in Watersound Beach, with easy access to over a mile of beach. Situated in the building closest to the Dunesider pool and beach boardwalks, this is a fantastic get-away, home, investment property and more. Enjoy beautiful views of the dunes, sky and a sliver of the Gulf of Mexico as well as upscale amenities & conveniences including onsite management, scenic and private Compass Point pool, two grilling areas, EV charging, car wash station, elevator and a covered, underground garage with a reserved parking spot, a private storage area and golf cart parking. Renovated in 2020 and lovingly maintained, this property has excellent rental history and many repeat guests. The floors are all hardwood or tile throughout. The kitchen has stainless appliances, granite countertops, expanded pantry storage and a beverage center. There is a separate laundry room with closet. Both bedrooms feature plantation shutters and the primary suite offers a king bed, large closet and access to the private deck. The ensuite bathroom includes a large walk-in shower, separate seated vanity area and dual vanities. The secondary bedroom features two queen beds, two closets and ensuite bathroom with two separate sink areas - one a powder room and the other with a tub / shower. The powder room can be closed off and is also accessible from the living area. The living and dining areas are spacious and open to a private balcony which is set up for lounging, dining or both.

Watersound Beach is a private, gated, 256-acre community south of 30A, fronted by over a mile of pristine beach. The community of full and part-time residents offers luxury amenities including 2 year-round heated pools, fitness center, dog & children's parks and puttering course. Ideally located near Deer Lake State Park, The Big Chill and world-class dining and shopping opportunities on 30A and beyond, the Watersound Beach community is second to none when a luxurious and tranquil lifestyle is desired. Seasonal beach service is available. Rental history, projections, exclusions all available upon request.

Last Listed By

Chris Abbott

Scenic Sotheby's International Realty Brokerage Email: chris@scenicsir.com License #3078996 Listed on: 09/29/2023

Scenic Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,984

Year Built

  • Built in 2005

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $2,486 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Siding

Interior Spaces

  • 1,332 Sq Ft Home
  • Furnished
  • Woodwork
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Plantation Shutters
  • Living Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Induction Cooktop
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

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
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16030-000-0202

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, legal, licenses/permits, management, master, repairs/maintenance, security, sewer, water, trash
  • Compass Point At Watersound Beach Subdivision

Amenities

  • Recreation Room
  • Community Storage Space

Recreation

  • Beach
  • Community Playground
  • Community Pool

Security

  • Gated Community
  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,984

Year Built

Built in 2005

Lot Details

0

HOA Fees

$2,486 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: COMPASS POINT AT WATERSOUND BEACH
  • Directions: Take 30A to WaterSound Beach main entrance and check in with security guard at gate. Go straight on WaterSound Way and turn left onto Coopersmith. 99 Compass Point Way is on the right across from the pool.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2005
  • Attribution Contact: chris@scenicsir.com
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Fire Alarm/Sprinkler, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Wine Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Pantry, Plantation Shutters, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Appliances:Wine Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Covered
  • General Property Info:Garage2: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Deed Access, Exercise Room, Gated Community, Playground, Pool, Separate Storage, Waterfront
  • Association #2 Fee: 7457.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Legal, Licenses/Permits, Management, Master Association, Repairs/Maintenance, Security, Sewer, Water, Trash

Schools

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

Lot Info

  • Parcel #: 20-3S-18-16030-000-0202
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7984.47
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
May 9, 2024
Sold by
Sa Gassman Family Trust and Gassman Steven M
Bought by
Sharkie Llc
Seller's Agent
Chris Abbott
Scenic Sotheby's International Realty
Buyer's Agent
Dale Stackable
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,699,000
Sold Price
$1,650,000
Premium/Discount to List
-$49,000
-2.88%
Total Days on Market
186
Views
47
Current Estimated Value
$1,654,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,114
Avg. Annual Appreciation
0.25%

Purchase Details

Closed on
Apr 12, 2022
Sold by
Gassman Steven M and Gassman Aimee E
Bought by
Sa Gassman Family Trust

Purchase Details

Closed on
Jun 7, 2019
Sold by
Reese Craig A and Lauten Frank C
Bought by
Gassman Steven M and Gassman Aimee E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,200
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2008
Sold by
Compass Point At Watersound Owners Assn
Bought by
Reese Craig A and Lauten Frank C

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Sharkie Llc $1,650,000 Mcneese Title
Sa Gassman Family Trust -- Hudson Law Pa
Gassman Steven M $715,000 Aqua Title Services
Reese Craig A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gassman Steven M $486,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $1,650,000 -2.9% $1,239 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
09/29/2023 09/29/23 For Sale $1,699,000 -- $1,276 / Sq Ft
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 $7,984 $1,062,936 -- $1,062,936
2023 $7,984 $805,860 $0 $0
2022 $7,410 $874,125 $0 $874,125
2021 $6,447 $666,000 $0 $666,000
2020 $6,219 $622,950 $0 $622,950
2019 $5,624 $566,313 $0 $566,313
2018 $5,482 $549,823 $0 $0
2017 $5,240 $528,671 $0 $528,671
2016 $4,942 $503,496 $0 $0
2015 $4,810 $503,496 $0 $0
2014 $4,119 $399,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 933441

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16030-000-0202