37 Compass Point Way S, Unit 421

Inlet Beach, FL 32461

$3,329,000
Price
3
Beds
2,034 Sq. Ft.
$1,637 / Sq. Ft.
2,034
Sq. Ft.
$1,637
per Sq. Ft.
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a kitchen with kitchen island a large counter top space a sink stainless steel appliances and cabinets
an aerial view of a multi story parking building with city view
a living room with furniture wooden floor and a large window
a living room with furniture a large window and a flat screen tv
a living room with furniture and large windows
a living room with furniture and a flat screen tv
a view of a lake with a garden
a kitchen with kitchen island granite countertop a stove a sink a dining table and chairs
a bedroom with a large bed and a painting on the wall
a bed room with a bed and a chair
a view of a city from a balcony
a bedroom with furniture and a window
a bathroom with a bathtub a shower a sink and a mirror
a spacious bathroom with a double vanity sink double and mirror
a living room with furniture and a potted plant
a balcony with furniture and a window
a bedroom with a bed and wooden floor
a bedroom with bed tv and window
a bathroom with a sink a toilet and shower
a bedroom with a bed and a chandelier
a bedroom with a bed and a television
a bathroom with a granite countertop sink mirror vanity and toilet
a view of a swimming pool with a garden
a bathroom with a sink double vanity and a mirror
a view of entryway and hall
a living room with furniture and a large window
a living room with furniture and paintings on the wall
a kitchen with stainless steel appliances kitchen island granite countertop a sink and a refrigerator
a living room with furniture kitchen view and a table
a kitchen with a large window cabinets a sink and stainless steel appliances

Description

This gulf-facing condominium in WaterSound Beach breaks away from traditional coastal design and delivers a dramatic architectural statement centered entirely around light, space, and sweeping views. Positioned high above the rare coastal dune lakes, this luxury residence offers unobstructed Gulf and lake vistas through soaring two-story windows that flood the interior with natural light. The main living area features 20-foot ceilings and an open layout that seamlessly connects the sitting area,...This gulf-facing condominium in WaterSound Beach breaks away from traditional coastal design and delivers a dramatic architectural statement centered entirely around light, space, and sweeping views. Positioned high above the rare coastal dune lakes, this luxury residence offers unobstructed Gulf and lake vistas through soaring two-story windows that flood the interior with natural light. The main living area features 20-foot ceilings and an open layout that seamlessly connects the sitting area, dining space, and a newly reimagined kitchen—each framed by breathtaking coastal scenery. Step onto the private balcony to feel the Gulf breeze and take in the ever-changing water views, from sunrise to sunset. Completely renovated to the highest standard, the condo showcases fresh coastal finishes, custom lighting, and new paint throughout, creating a crisp, modern aesthetic. Three new HVAC systems provide comfort and efficiency year-round. The main level includes a guest bedroom and an updated bathroom with a tiled shower, ideal for visitors. The chef's kitchen is both stylish and functional, featuring new custom cabinetry, quartz countertops, and premium appliances, including a Viking refrigerator and range, plus a Bosch dishwasher. A built-in bar creates a natural gathering spot for evening cocktails, while the dining area comfortably seats six. A mezzanine loft overlooks the living space below, offering a flexible bonus area with a sleeper sofa and TVperfect for additional guests or a relaxed lounge. The open railing preserves sightlines to the Gulf, keeping the views front and center. On the lower level, a guest suite with an updated walk-in shower bath provides privacy and comfort. Just beyond the laundry area, the primary suite is a true retreat, featuring its own sitting area, a completely redesigned spa-style bathroom with a freestanding soaking tub, seated vanity, and fully tiled walk-in shower. The primary suite also opens to a private balcony, ideal for morning coffee or quiet evenings with a book. Offered fully furnished with a proven rental history, this residence is perfectly suited as a luxury investment property, second home, or full-time coastal residence. A detached garage provides valuable storage for golf carts, beach gear, and bicycles. Residents enjoy access to WaterSound's premier amenities, including private beach access, multiple pools, golf, tennis and pickleball courts, a wellness center, dining, and boutique shoppingoffering a refined coastal lifestyle unlike anything else on 30A.
  1. Listed by Penny Jackson • Brokerage DRE #2029964 • Scenic Sotheby's International Realty
    P: (850)-797-4897 C: (850)-797-4897 penny@scenicsir.com

Property Details for 37 Compass Point Way South, Unit 421

View
Lake, Gulf
Architectural Style
N/A
Subdivision Name
WATERSOUND BEACH
LISTING UPDATED: 03/10/2026 10:55 AM

Property Details for 37 Compass Point Way South, Unit 421

StatusActive
MLS #994825
Days on Market37
Taxes$22,192 / year
HOA Fees$7,150 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2005
CountyWalton County
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Location

Listing Courtesy of Scenic Sotheby's International Realty
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Building Information for 37 Compass Point Way South, Unit 421

Building/Complex37 Compass Point Way SFloor4Stories-Residences-Pet Policy-Pet Policy Details-Year Built2005

Payment Calculator

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$20,389 per month

30 year fixed, 6.11% Interest

Principal and Interest

$16,156

Property Taxes

$1,849

HOA Dues

$2,383

The Payment Calculator is for illustrative purposes only.

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Property Information for 37 Compass Point Way South, Unit 421

Summary
Location and General Information
  • Community Features: Short Term Rental - Allowed, BBQ Pit/Grill, Beach, Elevators, Gated Community, Pool, Waterfront
  • Directions: From Hwy 98, turn South onto Watersound Pkwy. Turn right onto 30A 2.3 miles and the main gates of Watersound Beach will be on your left. You must stop at the security gate. Continue straight through to Compass Point Way is on your left. Continue through and you will see Compass Point II on your right. Unit is on the right side of the complex.
  • MLS Area Minor: 1806 - S of of 30A/East
  • MLS Area Major: 18 - 30A East
  • Latitude: 30.299587
  • Longitude: -86.070642
  • Location Tax and Legal:Sub Area: 1806 - S of of 30A/East
  • Location Tax and Legal:Elementary School: Dune Lakes
  • Location Tax and Legal:Middle School: Emerald Coast
  • Location Tax and Legal:High School: South Walton
  • Location Tax and Legal:Legal Description: UNIT 421 COMPASS POINT AT WATERSOUND OR 2781-1227 FKA COMPASS POINT II AT WATERSOUND BEACH (16020) PB 16-69 OR 2683-3333 OR 2782 -4280 OR 2937-4521 OR 2943-979 OR 2950-4803 OR 3169-568
  • Project Facilities: BBQ PitGrill2, Beach, Elevators, Gated Community, Pool2, Short Term Rental - Allowed, Waterfront
  • Garage: true
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Accounting, Ground Keeping, Master Association, Recreational Faclty, Security, Sewer, Water, Trash
  • Association Fee2: $7,150
  • Tax Legal Description: UNIT 421 COMPASS POINT AT WATERSOUND OR 2781-1227 FKA COMPASS POINT II AT WATERSOUND BEACH (16020) PB 16-69 OR 2683-3333 OR 2782 -4280 OR 2937-4521 OR 2943-979 OR 2950-4803 OR 3169-568
  • Parcel Number: 20-3S-18-16030-000-0421
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $22,192
  • Listing Info Tax Legal:Last Taxes: $22,192
  • Listing Info Tax Legal:Last Tax Year: 2025.0
School Information
  • Elementary School: Dune Lakes
  • Middle Or Junior School: Emerald Coast
  • High School: South Walton
Parking
  • Carport YN: No
  • Attached Garage YN: No
  • Parking Features: Garage, Garage Detached
  • Garage Spaces: 1.0
  • Parking Features: Garage3, Garage Detached
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Units: Acres
  • Property Condition: Renovated, Construction Complete
  • Building Area Total: 2034.0
  • General Property Info:SqFt Source: County PA Records
  • Waterview: Coastal Dune Lakes2, Gulf2, Lake2
Property and Assessments
  • Tax Year: 2025.0
  • Floor Plans Count: 0.0
  • Property Type: Residential, Condo
  • Year Built: 2005.0
  • Property Sub Type: Condominium
  • New Construction YN: No
  • General Property Info:Sub-Type: Condominium
  • General Property Info:Design: N/A
  • General Property Info:Pre-Const Flip: false
  • Listing Info Tax Legal:Homestead: false
  • Construction Status: Construction Complete
  • Construction Siding: Roof Composite Shngl, Siding CmntFbrHrdBrd, Siding Shake
  • Occupancy Status: Vacation Rental
Utilities
  • Sewer: True
  • Utilities: Public Water, TV Cable
  • Utilities: Public Sewer, Public Water, TV Cable
  • Energy: AC - 2 or More, AC - Central Elect, Water Heater - Elect
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Construction Materials: Siding CmntFbrHrdBrd, Siding Shake
  • Pool Features: Pool Type
  • General Property Info:Stories In Unit: 3.0
  • General Property Info:Unit Floors Above Ground: 4.0
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Community
  • Exterior: Balcony
Interior Features
  • Cooling: Central Air
  • Interior Features: Breakfast Bar, Ceiling Cathedral, Ceiling Vaulted, Newly Painted
  • Flooring: Floor Tile
  • Window Features: Window Treatment All
  • Room Type: Living Room, Kitchen, Master Bedroom, Bedroom
  • Rooms Total: 5.0
  • Bathrooms Total Integer: 3.0
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Notational: 3.0
  • Cooling YN: Yes
  • Bedrooms Total: 3.0
  • Bathrooms Full: 3.0
  • Bathrooms Half: 0.0
  • Interior: Breakfast Bar, Ceiling Cathedral, Ceiling Vaulted, Floor Tile, Furnished - All, Newly Painted, Renovated2, Window Treatment All
  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 21.0
  • Room Width: 15.0
  • Room Dimensions: 21 x 15
Room 2
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 14.0
  • Room Width: 9.0
  • Room Dimensions: 14 x 9
Room 3
  • Room Type: Master Bedroom
  • Room Level: Second
  • Room Length: 20.0
  • Room Width: 13.0
  • Room Dimensions: 20 x 13
Room 4
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 14.0
  • Room Width: 10.0
  • Room Dimensions: 14 x 10
Room 5
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 14.0
  • Room Width: 11.0
  • Room Dimensions: 14 x 11
Multi Family
Multi Family Information
  • Furnished: Furnished - All
Rental
Rent Information
  • General Property Info:Immediate Occupancy: true
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 37 Compass Point Way South, Unit 421

DateEvent & SourcePriceAppreciation
Feb 9, 2026

Listed (Active)

ECAR #994825

$3,329,000—
Dec 3, 2025

Withdrawn

ECAR #985174

$3,350,000—
Sep 11, 2025

Listed (Active)

ECAR #985174

$3,350,000—
Mar 10, 2022

Sold

ECAR #892885

—
Mar 9, 2022

Listed (Active)

ECAR #892885

$2,600,000—
Mar 8, 2022

Sold (Public Record)

Public Record #1485757596

$2,600,000

+39.3% / yr

Oct 23, 2020

Sold (Public Record)

Public Record #684465258

$1,650,000

+36.2% / yr

Oct 23, 2020

Sold

ECAR #834480

$1,650,000—
Sep 22, 2020

Pending

ECAR #834480

—
Nov 1, 2019

Listed (Active)

ECAR #834480

$1,699,999—
Jul 1, 2019

Expired

ECAR #768018

$1,785,000—
May 1, 2019

Listed (Active)

ECAR #768018

$1,950,000—
Dec 15, 2016

Expired

ECAR #719459

—
Dec 15, 2014

Listed (Active)

ECAR #719459

$2,195,000—
May 14, 2014

Sold (Public Record)

Public Record #416175916

$225,100

-98.4% / yr

Dec 3, 2013

Sold (Public Record)

Public Record #381207899

$1,390,000—
DateEvent & SourcePrice
02/09/2026

Listed (Active)

ECAR #994825

$3,329,000
12/03/2025

Withdrawn

ECAR #985174

$3,350,000
09/11/2025

Listed (Active)

ECAR #985174

$3,350,000
03/10/2022

Sold

ECAR #892885

—
03/09/2022

Listed (Active)

ECAR #892885

$2,600,000
03/08/2022

Sold (Public Record)

Public Record #1485757596

$2,600,000

+39.3% / yr

10/23/2020

Sold (Public Record)

Public Record #684465258

$1,650,000

+36.2% / yr

10/23/2020

Sold

ECAR #834480

$1,650,000
09/22/2020

Pending

ECAR #834480

—
11/01/2019

Listed (Active)

ECAR #834480

$1,699,999
07/01/2019

Expired

ECAR #768018

$1,785,000
05/01/2019

Listed (Active)

ECAR #768018

$1,950,000
12/15/2016

Expired

ECAR #719459

—
12/15/2014

Listed (Active)

ECAR #719459

$2,195,000
05/14/2014

Sold (Public Record)

Public Record #416175916

$225,100

-98.4% / yr

12/03/2013

Sold (Public Record)

Public Record #381207899

$1,390,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 37 Compass Point Way South, Unit 421

Taxable ValueLand-Additions$2,456,055Total-
Tax Record2024$22,116 ($1,843 / month)
Home Facts
Beds0Lot Size1,276 SqFtStyleCondominiumCountyWALTONAPN20-3S-18-16030-000-0421

Schools near 37 Compass Point Way South, Unit 421

This home is within Walton.
Rating
School
Type
Grades
Distance
Dune Lakes Elementary School
Public - K to 5
Emerald Coast Middle School
Public - 6 to 8
South Walton High School
Public - 9 to 12
WALTON VIRTUAL SCHOOL WCSD-7023
Public - K to 12
Rating
School
Distance
Dune Lakes Elementary School
PublicK to 5

Emerald Coast Middle School
Public6 to 8

South Walton High School
Public9 to 12

WALTON VIRTUAL SCHOOL WCSD-7023
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 37 Compass Point Way South, Unit 421, Inlet Beach, FL 32461

37 Compass Point Way South, Unit 421 is a condo for sale in Inlet Beach, FL 32461. This property was listed for sale on February 9, 2026 by Scenic Sotheby's International Realty, it's currently listed at $3,329,000. It has been on the market for a total of 37 days and was last sold on March 10, 2022. This listing's school district is Walton. Nearby schools include Dune Lakes Elementary School, Emerald Coast Middle School and South Walton High School. 37 Compass Point Way South, Unit 421 is a 3-bed, 3-bath, 2,034 sqft condo built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Scenic Sotheby's International Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.