Perched above the dunes at the southern end of Watersound Beach, Compass Point 308 captures the gulf from an especially beautiful vantage point. This single-level corner residence is defined by sweeping water views from every room, with expansive curved rotunda windows drawing the shoreline, rolling dunes and beach boardwalk into the living spaces.
Inside, the 1,818-sq.-ft. residence has been thoughtfully refreshed with a renovated kitchen and bathrooms, creating a polished backdrop for easy coastal living. The open living, dining and kitchen spaces flow naturally toward the gulf, while the primary suite enjoys both east and west water views and direct access to its own balcony. Two additional ensuite guest suites including a queen-sized bunk room allow the residence to comfortably accommodate family and guests.
Just beyond the building, Watersound's boardwalks lead through the dunes to the beach, with golf-cart-friendly access that makes trips to the sand effortless. Owners and guests of Compass Point have their own private pool, while the Dunesider pool is also steps away. Watersound's trails, parks, fitness center and more than a mile of gulf-front coastline further extend the experience beyond the residence.
A dedicated covered parking space, covered golf cart parking, private storage, elevator access and in-residence laundry make coming and going as effortless as the setting itself. With its corner position, uninterrupted gulf views and immediate connection to the beach, Compass Point 308 is a rare expression of gulf-front living within Watersound.
For sale
$3,150,000
99 Compass Point Way Unit 308, Inlet Beach, FL 32461
3beds
1,818sqft
Condominium
Built in 2005
-- sqft lot
$-- Zestimate®
$1,733/sqft
$-- HOA
What's special
Private poolElevator accessSingle-level corner residenceRenovated kitchenExpansive curved rotunda windowsCorner positionUninterrupted gulf views
- 1 day
- 110
- 11
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ron J Hefner ron@scenicsir.com,
Scenic Sotheby's International Realty,
Blake Morar Group 850-259-5944,
Scenic Sotheby's International Realty
Source: ECAOR,MLS#: 1012304
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Third
- Area: 208 Square Feet
- Dimensions: 16 x 13
Bedroom
- Level: Third
- Area: 196 Square Feet
- Dimensions: 14 x 14
Bedroom
- Level: Third
- Area: 156.25 Square Feet
- Dimensions: 12.5 x 12.5
Dining room
- Level: Third
- Area: 126 Square Feet
- Dimensions: 14 x 9
Kitchen
- Level: Third
- Area: 126 Square Feet
- Dimensions: 14 x 9
Living room
- Description: Dimensions: 19 round
- Level: Third
- Area: 361 Square Feet
- Dimensions: 19 x 19
Cooling
- Central Air
Features
- Recessed Lighting, Split Bedroom
- Flooring: Hardwood
- Windows: Window Treatments
- Furnished: Yes
Interior area
- Total structure area: 1,818
- Total interior livable area: 1,818 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage
- Garage spaces: 1
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf
Details
- Parcel number: 203S18160300000308
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete
Condition
- Construction Complete
- New construction: No
- Year built: 2005
Community & HOA
Community
- Features: Beach, Community Room, Deed Access, Dock, Elevators, Fitness Center, Fishing, Gated, Playground, Separate Storage, TV Cable, Waterfront, Project
- Subdivision: WATERSOUND BEACH
HOA
- Has HOA: Yes
- Services included: Insurance, Recreational Faclty, Security, Sewer, Cable TV, Water
Location
- Region: Inlet Beach
Financial & listing details
- Price per square foot: $1,733/sqft
- Tax assessed value: $2,004,345
- Annual tax amount: $18,110
- Date on market: 9/18/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $3,150,000+78.4%$1,733/sqft |
Source: | ||
| 4/20/2026 | Listing removed | $31,363$17/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/18/2026 | Listed for rent | $31,363$17/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/19/2018 | Sold | $1,766,000+35.8%$971/sqft |
Source: Public Record Report a problem | ||
| 6/9/2009 | Sold | $1,300,000$715/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,111 -1.1% | $2,004,345 |
| 2024 | $18,308 +7.8% | $2,004,345 +7.3% |
| 2023 | $16,981 +7.9% | $1,868,813 +10% |
| 2022 | $15,745 +0.5% | $1,698,921 +5% |
| 2021 | $15,662 -0.4% | $1,618,020 +2.8% |
| 2020 | $15,717 +10.6% | $1,574,497 +10% |
| 2019 | $14,215 | $1,431,366 +3% |
| 2018 | $14,215 +7.4% | $1,389,679 +4% |
| 2017 | $13,241 +7.3% | $1,336,230 +5% |
| 2016 | $12,344 +6.1% | $1,272,600 +17% |
| 2015 | $11,638 +12% | $1,088,073 +26% |
| 2014 | $10,395 | $863,550 |
| 2013 | -- | $863,550 |
| 2012 | -- | $863,550 -5% |
| 2011 | -- | $909,000 |
| 2010 | -- | $909,000 +33.3% |
| 2009 | -- | $681,750 -41.9% |
| 2008 | -- | $1,172,610 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: WaterSound Beach
Nearby schools
Schools provided by the listing agent
- Elementary: Bay
- 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.






