Last Sold Price
5,662 Lot Size0.13 Acres
lot 40 Compass Point Way, Watersound, FL 32461

Description

Great location in Watersound Beach! This lot is close to the beach and pool. Watersound beach is a place to enjoy the natural lakes, stunning Gulf of Mexico, walking paths and the true beauty of the area. Located in a gated community and just minutes from all the hot spots along 30A with restaurants, shopping, golf and more.Great location in Watersound Beach! This lot is close to the beach and pool. Watersound beach is a place to enjoy the natural lakes, stunning Gulf of Mexico, walking paths and the true beauty of the area. Located in a gated community and just minutes from all the hot spots along 30A with restaurants, shopping, golf and more.
LISTING CLOSED: 12/21/2015 12:00 AM

  1. Listed by Hunter Harman • Brokerage DRE #1029720 • Berkshire Hathaway HomeServices
    P: (850) 534-3006 C: (850) 598-7011 hunter@bpfla.com

Property Details for Lot 40 Compass Point Way

Status
MLS #
703954
Days on Market
584
Taxes
-
HOA Fees
$1,110 / quarter
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Vacant Land
Year Built
-
Lot Size
0.13 AC
Zoning
Resid Single Family
Subdivision Name
WATERSOUND BEACH

Recent comparable sales

Median sold price

$890,000

Avg days on market

107

Sale-to-list ratio

94.2%

Watersound, FL

9 comparable properties found

an aerial view of residential houses with outdoor space
1/3
1

$955,000

Sold 11/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.27
Acres
a view of a city
1/3
2

$925,000

Sold 09/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.27
Acres
a view of a city with lots of residential buildings and mountain view in back
1/13
3

$820,000

Sold 10/31/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.27
Acres
a black and white photo of a book
1/10
4

$900,000

Sold 01/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.33
Acres
an aerial view of a city
1/9
5

$880,000

Sold 01/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.36
Acres
a view of lake view and mountain view
1/20
6

$900,000

Sold 08/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.39
Acres
a view of a swimming pool
1/27
7

$870,000

Sold 04/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.3
Acres
8

$965,000

Sold 09/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.35
Acres
an aerial view of residential houses with outdoor space
1/3
9

$865,000

Sold 08/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.36
Acres

Location

Listing Courtesy of Berkshire Hathaway HomeServices

Sold By The Premier Property Group Watercolor Office

Add your commute

Building Information for Lot 40 Compass Point Way

Lot Size0.13 AC

Payment Calculator

$4,563 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,193

Property Taxes

$0

HOA Dues

$370

The Payment Calculator is for illustrative purposes only.

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Property Information for Lot 40 Compass Point Way

Summary
Location and General Information
  • Community Features: Beach, Fishing, Gated Community, Picnic Area, Pool, TV Cable, Waterfront
  • Directions: Watersound Beach is located approximately 4 miles east of Hwy 395 on 30A. Enter through guard gate, turn left on Salt Box then right on Compass Point Way. Lot is on the right.
  • MLS Area Minor: 1806 - S of of 30A/East
  • MLS Area Major: 18 - 30A East
  • Location Tax and Legal:Sub Area: 1806 - S of of 30A/East
  • Location Tax and Legal:Middle School: Emerald Coast
  • Location Tax and Legal:High School: South Walton
  • Location Tax and Legal:Legal Description: Lot 40 Watersound Beach PH 4 PB 15 PG 84
  • Project Facilities: Beach, Fishing, Gated Community, Picnic Area, Pool2, TV Cable3, Waterfront
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee2: $1,110
  • Tax Legal Description: Lot 40 Watersound Beach PH 4 PB 15 PG 84
  • Parcel Number: 20-3S-18-16013-000-0400
  • Association Fee: $0
  • Association YN: Yes
School Information
  • Middle Or Junior School: Emerald Coast
  • High School: South Walton
Property
Lot Information
  • Lot Size Dimensions: 50x110
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5662.8
  • General Property Info:Acreage: 0.13
Property and Assessments
  • Floor Plans Count: 0.0
  • Property Type: Land
  • Property Sub Type: Vacant Land
  • General Property Info:Sub-Type: Vacant Land
Utilities
  • Utilities: Gas - Natural, Public Sewer, Public Water, TV Cable, Underground
  • Utilities: Gas - Natural, Public Sewer, Public Water, TV Cable, Underground
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0.0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
Rental
Rent Information
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for Lot 40 Compass Point Way

DateEvent & SourcePriceAppreciation
Dec 21, 2015

Sold

ECAR #703954

$825,000
Dec 16, 2015

Pending

ECAR #703954

Apr 2, 2015

Listed (Active)

ECAR #703954

$799,000
DateEvent & SourcePrice
12/21/2015

Sold

ECAR #703954

$825,000
12/16/2015

Pending

ECAR #703954

04/02/2015

Listed (Active)

ECAR #703954

$799,000

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

Schools near Lot 40 Compass Point Way

This home is within Walton.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 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

Seaside Neighborhood School
Charter5 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Lot 40 Compass Point Way, Watersound, FL 32461
$825,000
5,662
$1,185,000
5,227
$2,800,000
1
584
6,050
$4,200,000
6
3,990
5,500
$940,000
5,227
$500,000

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway HomeServices

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.