37 S Compass Point Way Unit 423, Rosemary Beach, FL 32461
About this home
This luxury penthouse dares to challenge convention with a semi-octagonal floor plan that maximizes gulf-front views within the exclusive WaterSound development. Soaring 20-foot ceilings, oversized windows and an interesting open floor plan create a fabulous beach home that can never be termed 'dull and boring.' Coastal architecture includes the best of Southern living with deep porches and wide overhangs creating shady seating areas with unobstructed dune and gulf views. Turn-key, fully furnished and designed by Graham Gund Architects of Boston, this stunning beach home boasts wide-plank flooring and fabulous decor and furnishings by VLG Interiors. The entire space was inspired by the shimmering Gulf of Mexico, uniting comfortable living spaceThe hub of the angular great room is the seating area where you can relax, socialize or just enjoy the mesmerizing gulf views through multi-aspect windows. There's a designated dining area, office space, wet bar with wine refrigerator and a huge island heralding the gourmet kitchen. Sip drinks on tall dining stools while admiring the gorgeous veined quartzite countertops, backsplash and Viking stainless appliances. Gulf-inspired shades of blue create a light, bright living space beneath the rustic timbered ceiling. Tucked out of sight, there's a spacious laundry and half bath. Doors open onto the wraparound deck space allowing owners to enjoy the stunning dune and gulf views from the comfort and tranquility of their own beautifully furnished hideaway. Large closets, coastal decor and a Whirlpool soaking tub feature in the master suite with two further guest beds and four baths rounding off the accommodation. WaterSound is renowned for its amenities including gated security, neighborhood pools, walking trails, a puttering park and shopping and dining, which are all golf-cart accessible. Located between Deer Lake State Park and Camp Creek Lake, the area abounds with recreational opportunities for hiking, fishing, kayaking and paddleboarding. The property also includes a full St. Joe membership, opening the door to world-class golf and tennis facilities.
CondoProperty Type
2005Year Built
$1,314Est. Price/Sq.Ft.
1 car garageParking
Listed by Mark Braddock• Christies International Real Estate Emerald Coast
Listed by the Jabbour Luxury Group• Scenic Sotheby's International Realty
Bought with Linda Campbell• The Premier Property Group Watercolor Office
This is a RARE opportunity to own the Penthouse unit with the best GULF FRONT views in the much sought after Watersound Beach development with controlled access to the neighborhood. This property is located between Deer Lake State Park and Camp Creek Lake. This stunning Compass Point II unit was recently remodeled with Summer House Lifestyle Group and is adorned with souring 20-foot ceilings, oversized windows with endless Gulf views, and the light and bright upscale interiors that 30A is known for. Some of the other notable features include a spacious open floor plan, quartzite countertops/backsplash, Viking Stainless Steel appliances, board on batt Wainscoting, wide-plank Wood Flooring, crown molding, large closets and Whirlpool soaking tub just to name a few. The renowned Boston firm Graham Gund Architects designed Compass Point II, merging coastal architecture and Northeastern shingled-styled with Southern accents including deep porches, wide overhangs and unobstructed views of impressive coastal dunes and the Gulf of Mexico. Watersound amenities include neighborhood pools, Puttering Park, retail shopping, restaurant, walking and cart paths to the beach and approximately one mile of sandy white beaches and dunes. The views combined with the interior finishes and neighborhood amenities make this a special property that you don't want to miss!
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Condo/Co-op
County
Walton County
APN
20-3S-18-16030-000-0423
Parking Spaces
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Basement
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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 Aug 27, 2025.
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.
Interior: Ceiling Raised, Furnished - All, Wallpaper, Window Treatmnt Some
Exterior
Exterior Features
Has Pool
Pool Type: Community
Exterior: Balcony, Deck Covered
Lot Information
Waterfront: Gulf
Building Information
Stories in Building: 4
Construction Status: Construction Complete
Financial
Tax Information
Last Tax Year: 2022
Last Taxes: 20763.49
Financial Information
Mortgage Type: None
Financing: Conventional
Brokerage Interest: No Interest
Buyer
Seller
Utilities
Utility Information
Utilities: Electric, Gas - Natural, Public Sewer, Public Water
Energy: AC - Central Elect
Location
Multi-Unit Information
# of Units in Bldg: 25.00
Assessment Information
Assessment Fees: Yes
Assessment Amount: 5608.00
Assessment Paid: Quarterly
Annual Assessment Amount: $22,432
Homeowners Association Information
Fees Include: Accounting, Ground Keeping, Internet Service, Legal, Management, Repairs/Maintenance
New Buyer Fee
%
School Information
Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton
Location Information
Sub Area: 1806 - South of 30 A East Beaches
Area: 18 - 30A East
Street #: 37
Street Direction: S
Street Name: Compass Point
Street Suffix: Way
Unit #: UNIT 423
City: Watersound
County: Walton
State: FL
Zip Code: 32461
Project Name/Subdivision: WATERSOUND BEACH
Absolute Longitude: 86.070161
Longitude: -86.070161
Latitude: 30.299484
Directions: From Hwy 98 turn onto South Hwy 395, turn east onto Scenic Hwy 30A, turn south into WaterSound Beach. From the gatehouse continue down Watersound Way to the end and take a left.
Project Facilities
Beach, Community Room, Elevators, Exercise Room, Gated Community, Pets Allowed, Playground, Pool, Short Term Rental - Allowed, Waterfront
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Walton County
APN: 20-3S-18-16030-000-0423
Home facts updated by county records on Aug 27, 2025
Other
Listing Price Information
List Price: 4675000.00
List Price/SqFt: 1908.16
Property Information
Apx SqFt(Htd/Cooled): 2450.00
Design: N/A
Stories In Unit: 4
Sub-Type: Condominium
Units Above Ground: 4.00
Waterview: Gulf
Listing Information
Immediate Occupancy: Immediate Occupancy
Around this home
Schools
Dune Lakes Elementary School
Public K-5 • Assigned • 3.1mi
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
Rosemary 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
86
71
79
64
73
58
64
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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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
$3.06M – $3.70M
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