Sold for $4,300,000
$4,300,000
37 S Compass Point Way #423, Watersound, FL 32461
3beds
2,450sqft
Condominium
Built in 2005
-- sqft lot
$3,822,500 Zestimate®
$1,755/sqft
$5,240 Estimated rent
Home value
$3,822,500
$3.40M - $4.24M
$5,240/mo
Zestimate® history
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What's special
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.
Zillow last checked: 8 hours ago
Listing updated: October 28, 2024 at 02:42pm
Listed by:
Mark S Braddock 850-963-7333,
Christies International Real Estate Emerald Coast,
Jabbour Luxury Group 850-231-1047,
Scenic Sotheby's International Realty
Bought with:
Linda R Campbell, 650333
The Premier Property Group Watercolor Office
Source: ECAOR,MLS#: 936400
Originating MLS: Emerald Coast
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Features: MBed Balcony, MBed Waterfront
- Level: First
Bedroom
- Level: First
Primary bathroom
- Features: Double Vanity, Soaking Tub, MBath Separate Shwr
Kitchen
- Level: First
Living room
- Level: First
Cooling
- Electric
Appliances
- Included: Dishwasher, Dryer, Freezer, Ice Maker, Microwave, Refrigerator W/IceMk, Washer, Wine Refrigerator
Features
- High Ceilings, Wallpaper, Bedroom, Kitchen, Living Room, Master Bedroom
- Windows: Window Treatmnt Some
- Furnished: Yes
Interior area
- Total structure area: 2,450
- Total interior livable area: 2,450 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Stories: 4
- Patio & porch: Deck Covered
- Exterior features: Balcony
- Pool features: Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf, Beach, Waterfront
Details
- Parcel number: 203S18160300000423
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Construction Complete
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Security
- Security features: Fire Alarm/Sprinkler
Community
- Community features: Community Room, Fitness Center, Gated, Playground, Pool
Location
- Region: Watersound
- Subdivision: Watersound Beach
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $5,608 quarterly
- Services included: Accounting, Maintenance Grounds, Internet, Legal, Management, Maintenance Structure
Other
Other facts
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2023 | Sold | $4,300,000-8%$1,755/sqft |
Source: | ||
| 12/4/2023 | Pending sale | $4,675,000$1,908/sqft |
Source: | ||
| 11/10/2023 | Listed for sale | $4,675,000-6.4%$1,908/sqft |
Source: | ||
| 11/9/2023 | Listing removed | -- |
Source: | ||
| 10/13/2023 | Price change | $4,995,000-7.4%$2,039/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $27,023 +13.6% | $2,958,375 +13% |
| 2023 | $23,784 +14.5% | $2,617,519 +23.7% |
| 2022 | $20,763 +11.5% | $2,115,575 +10% |
Find assessor info on the county website
Neighborhood: WaterSound Beach
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 3.2 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 4.8 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 8.7 mi
Schools provided by the listing agent
- Elementary: Dune Lakes
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

