Perched above the dunes at the southern end of Watersound Beach, Compass Point 308 captures the gulf from an especially beautiful vantage point. This single-level corner residence is defined by sweeping water views from every room, with expansive curved rotunda windows drawing the shoreline, rolling dunes and beach boardwalk into the living spaces. Inside, the 1,818-sq. -ft. residence has been thoughtfully refreshed with a renovated kitchen and bathrooms, creating a polished backdrop for easy coastal living. The open living, dining and kitchen spaces flow naturally toward the gulf, while the primary suite enjoys both east and west water views and direct access to its own balcony. Two additional ensuite guest suites including a queen-sized bunk room allow the residence to comfortably accommodate family and guests. Just beyond the building, Watersound's boardwalks lead through the dunes to the beach, with golf-cart-friendly access that makes trips to the sand effortless. Owners and guests of Compass Point have their own private pool, while the Dunesider pool is also steps away. Watersound's trails, parks, fitness center and more than a mile of gulf-front coastline further extend the experience beyond the residence. A dedicated covered parking space, covered golf cart parking, private storage, elevator access and in-residence laundry make coming and going as effortless as the setting itself. With its corner position, uninterrupted gulf views and immediate connection to the beach, Compass Point 308 is a rare expression of gulf-front living within Watersound.
CondoProperty Type
2005Year Built
$1,733Price/Sq.Ft.
$2,368/moHOA Dues
1 car garageParking
Listed by Ron Hefner• Scenic Sotheby's International Realty
Listed by Blake Morar Group Group• Scenic Sotheby's International Realty
Santa Rosa Beach, located between Grayton Beach State Park and Seaside, is a coastal and low-rise Miramar Beach neighborhood with dune-backed shorelines and pine-flatwood trails. The neighborhood’s character concentrates around the 30A corridor near the County Highway 393 junction, where bike traffic, beach cruisers, and small storefronts set a relaxed, design-forward pace. Architectural cues lean toward coastal cottages and contemporary beach homes with deep porches and metal roofs. Gulf views and rare coastal dune lakes shape daily rhythms, with boardwalks and trailheads threading through scrub and sand. Community pillars include The REP Theatre in Seaside, the open-air E.O. Wilson Park, and the long-running Grayton Beer Company taproom.
Provided by Walk Score and Local Logic
Market insights
99 Compass Point Way #308 · $3,150,000
DAYS ON MARKET
28 days
The average home goes pending in 126 days.
SALE-TO-LIST
95.6%
Most homes are selling 4% below list price.
LIST PRICE
$3,150,000
Median sale price in this area is $721,344. (77% lower than this home)
PRICE DROP
0 price drops
16% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Furnished
Recessed lighting
Split bedroom layout
Window treatments
Bedrooms
3 bedrooms
Primary suite on the third level with balcony and waterfront view; master bath includes double vanity, garden tub, separate shower, and walk-in closet
Bathrooms
3 full bathrooms
Kitchen
Kitchen located on the third level
Flooring
Hardwood floors
Heating & cooling
Central air conditioning
Exterior features
Balcony
Gulf waterfront view
Pool on the property
Community waterfront access
Home design
Built in 2005
Concrete construction
Unit has a single story layout
Building has 4 total stories
Parking
Detached garage
1 garage space
Security
Gated community
Community security included in association services
Construction
Concrete construction
Built in 2005
Shoreline/Gulf-facing design elements
Utilities
Central electric for AC
Community sewer
HOA & community
Association present
Association fees cover insurance, recreational facilities, security, sewer, cable TV, and water
Community features include beach access, community room, deeded access, dock, elevators, exercise room, fishing, playground, separate storage, and pet-friendly policies
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 99 Compass Point Way #308
Sale History
Tax History
Date
Event
Price
ECAR #1012304
Oct 16, 2026
Pending
—
Sep 18, 2026
Listed
$3,150,000
$1,733/sq ft
ECAR #784819
Jan 19, 2018
Sold
$1,766,000
$971/sq ft
Oct 12, 2017
Listed
$1,800,000
$990/sq ft
+50
Stunning panoramic views from this beautiful home in the sky located in WaterSound Beach the property has never been rented and has been lightly used by just the owners. Very unique floor plan with a curved wall of glass overlooking the sparkling waters and majestic dunes. All 3 bedrooms have gulf views as well as kitchen, living and dining. Watersound Beach is a gated neighborhood with 256 acres, 5000 linear feet of beach conveniently located between Seaside and Rosemary Beach. Put this on your short list to view.
Public Records
Jun 9, 2009
Sold
$1,300,300
$715/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$18,111 (−1.1%)
$2,004,345
2024
$18,308 (+7.8%)
$2,004,345
2023
$16,981 (+7.9%)
$1,868,813
2022
$15,745 (+0.5%)
$1,698,921
2021
$15,662 (−0.4%)
$1,618,020
2020
$15,717 (+10.6%)
$1,574,497
2019
$14,215 (+7.4%)
$1,431,366
2018
$13,241 (+7.3%)
2017
$12,344 (+6.1%)
$1,336,230
2016
$11,637 (+12.0%)
$1,272,600
2015
$10,394 (+16.8%)
$1,088,073
2014
$8,902
Public record
Public record
Zoning
Beds
—
Baths
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Stories
—
Lot width
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Lot depth
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Lot size
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Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
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Year built
—
Style
Condo/Co-op
County
Walton County
APN
203S18160300000308
Parking Spaces
—
Basement
—
Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Sep 9, 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.
Permitted uses
Include but are not limited to:
Bank
Day care facility
Housing-Single unit
Housing-Multiple units
Mixed use building
Office
Medical office
Educational/school
Library
Museum / gallery
Climate risks
1/10 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
8 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
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52
71
57
76
63
81
70
86
76
89
79
87
76
86
71
79
64
73
58
64
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 14% for direct sun exposure in Inlet Beach. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.9 hrs
7.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 99 Compass Point Way #308
There isn’t enough information to generate an accurate estimate at this time. Learn More
This home is pending
The seller has accepted an offer, and this property is now pending.