Overlooking the dunes of Watersound Beach and emerald coast waters, this luxury penthouse condo boasts some of the best views on 30A. With over 70 feet of gulf frontage and two large porches with wide overhangs, there are unobstructed gulf views from most rooms. This 4 bedroom, 4 1/2 bath penthouse was recently renovated by Summer House Design. With 10 to 15 foot ceilings, an open floor plan, 4 en suite bedrooms, a powder room, and laundry room, this large end unit feels more like a home. The casually elegant design features hardwood floors, marble tile, and granite countertops in the remodeled kitchen and bathrooms. The gourmet kitchen has Viking appliances and a large island and pantry. The master bathroom features 2 custom vanities, a walk in shower, and.... a stand alone soaking tub. With 2842 sq feet and a one car garage, this is the largest floor plan in Watersound Beach. Furniture and artwork reflect a casually elegant coastal decor and are included. Compass Point II was designed by the acclaimed Graham Gund Architects and emulates the Nantucket style found throughout Watersound Beach. With only 25 residences in Compass Point II, this low density complex has a private pool for the sole use of Compass Point owners. Compass Point is situated between Deer Lake State Park and Camp Creek Lake offering opportunities for hiking, kayaking, paddle boarding and fishing. It is a 7 minute walk to the St Joe Beach Club and 1.8 miles from the Camp Creek golf course.
CondoProperty Type
2005Year Built
$1,517Est. Price/Sq.Ft.
1 car garageParking
Listed by The Stephens Group• The Premier Property Group Seacrest Office
Bought with Kathie Togstad• The Premier Property Group Seacrest Office
Luxurious top floor corner condo in sought-after Compass Point combining abundant space with a superb community lifestyle at WaterSound Beach. Gorgeously decorated with wainscot walls, newly updated lighting and gleaming wood flooring, this four-bedroom beach condo is the perfect place for spending peaceful days relaxing with friends or entertaining. Wind-sculpted dunes with waving sea grass are all that separate this stately condo from glittering gulf waters and the private white sandy beach. It's a world away from everyday stress and a rushed pace of life. Wake up to serene sea views from the large master bedroom and head out onto the private balcony for morning coffee and bagels.
NAMLS #761802
Nov 9, 2016
Sold
$2,450,000
$862/sq ft
Nov 9, 2016
Sold
$2,450,000
$862/sq ft
Oct 1, 2016
Listed
$2,599,000
$914/sq ft
+33
The most desired unit located in the magnificent community of Watersound Beach, this gulf front unit can be found on the corner of the to floor of this desired complex. Complete with an expansive wrap-around deck, this condo provides unique views over looking both the dunes and the Gulf. This one story unit includes 4 bedrooms and 4.5 baths at 2,842 square feet, making it the largest condominium floor plan in Watersound!
NAMLS #736048
Aug 12, 2015
Listing Removed
—
Aug 11, 2015
Listed
$2,599,000
$914/sq ft
Aug 11, 2015
Listed
$2,599,000
$914/sq ft
ECAR #710362
Feb 20, 2015
Sold
$1,922,500
$676/sq ft
Feb 20, 2015
Sold
$1,922,500
$676/sq ft
Jul 22, 2014
Listed
$1,980,000
$697/sq ft
ECAR #568115
Dec 28, 2012
Sold
$1,505,000
$530/sq ft
Dec 28, 2012
Sold
$1,505,000
$530/sq ft
Nov 28, 2011
Listed
$1,699,000
$598/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$31,008 (+47.6%)
$3,431,715
2024
$21,003 (+3.6%)
2023
$20,274 (+1.0%)
2022
$20,067 (−1.4%)
2021
$20,343 (−1.7%)
2020
$20,688 (+8.6%)
$2,109,759
2019
$19,047 (+2.6%)
$1,917,952
2018
$18,567 (+4.6%)
$1,862,078
2017
$17,746 (+4.0%)
$1,790,460
2016
$17,063 (+24.7%)
$1,705,200
2015
$13,683 (+16.8%)
$1,432,368
2014
$11,719
Tax history for 37 Compass Point Way #425
Year
Property tax
Land + Additions
Assessment*
2025
$31,008 (+47.6%)
$3,431,715
2024
$21,003 (+3.6%)
2023
$20,274 (+1.0%)
2022
$20,067 (−1.4%)
2021
$20,343 (−1.7%)
2020
$20,688 (+8.6%)
$2,109,759
2019
$19,047 (+2.6%)
$1,917,952
2018
$18,567 (+4.6%)
$1,862,078
2017
$17,746 (+4.0%)
$1,790,460
2016
$17,063 (+24.7%)
$1,705,200
2015
$13,683 (+16.8%)
$1,432,368
2014
$11,719
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Condo/Co-op
County
Walton County
APN
203S18160300000425
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
CC
Coastal Center District
This district is primarily residential, allowing medium residential densities and supporting uses. All development is required to be connected to a public water and sewer system.
Directions: WaterSound lies 4 miles east of Highway 395 on the southern side of Highway 30A. Enter through WaterSound Beach Main Gate. From the gatehouse continue down Watersound Way to the end and take a left.
Project Facilities
Beach, Dumpster, Elevators, Exercise Room, Gated Community, Playground, Pool, Waterfront
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Walton County
APN: 203S18160300000425
Home facts updated by county records on Aug 26, 2026
Other
Listing Price Information
List Price: 4595000.00
List Price/SqFt: 1616.82
Property Information
Apx SqFt(Htd/Cooled): 2842.00
Design: N/A
Stories In Unit: 1
Sub-Type: Condominium
Units Above Ground: 4.00
Waterview: Gulf, Lake
Listing Information
Immediate Occupancy: Immediate Occupancy
Around this home
Schools
Dune Lakes Elementary School
Public K-5 • Assigned • 3.2mi
10/10
Emerald Coast Middle School
Public 6-8 • Assigned • 4.8mi
8/10
South Walton High School
Public 9-12 • Assigned • 8.6mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
2/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
3% chance of being in a wildfire in next 30 years
10/10 Heat Factor
9 days above 105° expected this year, 26 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Inlet Beach, FL • 32461
Average low and high temperatures (°F)
59
43
65
52
71
57
76
63
81
70
86
76
89
79
87
76
85
73
79
64
73
58
64
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 5.5 hours in December, placing it above the
U.S. average for solar exposure.
9.5 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$4.10M – $4.96M
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