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37 S Compass Point Way UNIT 421, Inlet Beach, FL 32461

$3,329,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,034 Status: Active
Current Price: $3,329,000 List Date: 2/09/2026 Last Modified: 2/17/2026

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, 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

Supplements: 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.

More Information MLS# 994825

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 1636.68 List Date: 2026-02-09 Current Price: $3,329,000 List Price: $3,329,000

Location, Tax and Legal

Unit #: UNIT 421 Sub Area: 1806 - S of of 30A/East Elementary School: Dune Lakes Middle School: Emerald Coast High School: South Walton 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

General Property Info

Sub-Type: Condominium Design: N/A SqFt Source: County PA Records Stories In Unit: 3 Unit Floors Above Ground: 4 Immediate Occupancy: Yes Pre-Const Flip: No Garage: Yes Carport: No Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 2034 Bedrooms: 3 Full Baths: 3 Total Bathrooms: 3 Year Built: 2005 Garage Spaces: 1

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 8583 Annual Assessment Amount: 34332 Assessment Paid: Quarterly New Buyer Fee: Yes New Buyer Fee Amt: 1 New Buyer Fee Paid: % Last Taxes: 22192.18 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: 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

Construction Status

Construction Complete: 1

Parking Features

Garage: 1 Garage Detached: 1

Waterview

Coastal Dune Lakes: 1 Gulf: 1 Lake: 1

Project Facilities

BBQ Pit/Grill: 1 Beach: 1 Elevators: 1 Gated Community: 1 Pool: 1 Short Term Rental - Allowed: 1 Waterfront: 1

Construction/Siding

Roof Composite Shngl: 1 Siding CmntFbrHrdBrd: 1 Siding Shake: 1

Utilities

Public Sewer: 1 Public Water: 1 TV Cable: 1

Exterior

Balcony: 1

Interior

Breakfast Bar: 1 Ceiling Cathedral: 1 Ceiling Vaulted: 1 Floor Tile: 1 Furnished - All: 1 Newly Painted: 1 Renovated: 1 Window Treatment All: 1

Appliances

Auto Garage Door Opn: 1 Cooktop: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Energy

AC - 2 or More: 1 AC - Central Elect: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Dressing Area: 1 MBath Garden Tub: 1 MBath Separate Shwr: 1 MBed Balcony: 1 MBed Sitting Area: 1 MBed Waterfront: 1

Master Bedroom

Second: 1

Bedroom

First: 1 Second: 1

Kitchen

First: 1

Living Room

First: 1

Rooms

Bedroom: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Master Association: 1 Recreational Faclty: 1 Security: 1 Sewer: 1 Trash: 1 Water: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 18 - 30A East Street #: 37 Street Direction: S Street Name: Compass Point Street Suffix: Way State: FL Zip Code: 32461 County: Walton Project Name/Subdivision: WATERSOUND BEACH Parcel ID: 20-3S-18-16030-000-0421

Property Features

Construction Status: Construction Complete Waterview: Coastal Dune Lakes; Gulf; Lake Parking Features: Garage; Garage Detached Project Facilities: BBQ Pit/Grill; Beach; Elevators; Gated Community; Pool; Short Term Rental - Allowed; Waterfront Exterior: Balcony Interior: Breakfast Bar; Ceiling Cathedral; Ceiling Vaulted; Floor Tile; Furnished - All; Newly Painted; Renovated; Window Treatment All Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Utilities: Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Water Heater - Elect Master Bedroom: Second Bedroom: First; Second Kitchen: First Living Room: First Rooms: Bedroom; Kitchen; Living Room; Master Bedroom Fees Include: Accounting; Ground Keeping; Master Association; Recreational Faclty; Security; Trash; Water

Room Information

Living Room Level: First Dimensions: 21 x 15 Length: 21.00 Width: 15.00 Dimensions: 21 x 15 Kitchen Level: First Dimensions: 14 x 9 Length: 14.00 Width: 9.00 Dimensions: 14 x 9 Master Bedroom Level: Second Dimensions: 20 x 13 Length: 20.00 Width: 13.00 Dimensions: 20 x 13 Bedroom Level: First Dimensions: 14 x 10 Length: 14.00 Width: 10.00 Dimensions: 14 x 10 Bedroom Level: Second Dimensions: 14 x 11 Length: 14.00 Width: 11.00 Dimensions: 14 x 11
Listing Office: Scenic Sotheby's International Realty
Last Updated: February - 17 - 2026
Broker Attribution: penny@scenicsir.com

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