$8,495,000

98 Compass Point Way Inlet Beach, FL 32461

5 beds
5 full, 2 partial
4,090 sqft
0.1 acres
$2,077 / sqft
House

Property details

About 98 Compass Point Way

Nestled in WaterSound Beachs most picturesque setting, this custom 5-bed, 5-bath, 2-powder-room masterpiece offers stunning views of a tranquil park, exclusive Beach Club, and Gulf of America. Steps from Dune Sider pool and private Beach Club, its light-filled interiors boast soaring ceilings, designer finishes, and sweeping vistas from nearly every room. The second-floor entertaining spaces capture the Emerald Coasts beauty, while expansive decks with outdoor fireplaces invite relaxation or gatherings in the coastal breeze. Four luxurious ensuite guest suites, including a spacious bunk room with four bunks, provide ample space. With an acceptable offer, unlock a WaterSound Beach Club Membership and 12 months prepaid Club Dues—a $89,000+ value. Designer details throughout the home including hand hewn beams, travertine floors, hardwood floors, and detailed trim craftsmanship throughout. The home offers a private pool overlooking a pocket park and the gulf in the distance. This home also features a two-car garage with plenty of storage space, large laundry areas, drop zones and a small office space for those afternoon calls.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size4,090 sqft
Lot size0.12 Acres
Year built2015
ParkingGarage
MLS #976279
Garage2 spaces
FireplaceFireplace
ViewGulf
Private poolYes

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Ice Maker, Gas Oven, Washer
  • Interior: Breakfast Bar, Cathedral Ceiling(s), Vaulted Ceilings, Fireplace, Owners Closet, Pantry
  • Fireplace: Fireplace
  • Total Bedroom Count: 5
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Private Pool: Yes
  • Parking: Garage
  • View: Gulf
  • Exterior: Shower, Summer Kitchen
  • Architectural Style: Beach House
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $8,495,000
  • Price/SqFt: $2,077
  • Annual Tax Amount: $53,922
  • Tax Year: 2023
  • Directions: 30A to Gatehouse at Watersound Beach. Left on Boat Wright Way. Left on Compass Point Way.
  • Year Built: 2015
  • Stories: 3
  • Living Area: 4,090 SqFt
  • Lot Size: 0.12 Acres
  • MLS Number: 976279
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: The Naumann Group Real Estate Inc
  • Office Email: jason@naumanngroup.com
  • Listing Agent: Jason C Naumann

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/6/2025, 1:40:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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98 Compass Point Way, Inlet Beach, FL 32461 - rear view of house featuring a balcony and french doors

$8,495,000

98 Compass Point Way

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Price information

Property sales

DateEventPrice
Oct 17, 2022
Home Sold
$8,178,000
Jul 01, 2014
Home Sold
$455,000

Tax history

YearAssessmentProperty Tax
2023$5,934,382$53,922
2022$4,917,773$35,158
2021$3,556,437$35,158
2020$3,237,264$29,406
2019$2,091,946$24,566
2017$2,061,745$18,832

History based on county public records data.

Nearby schools

8

Dune Lakes Elementary School

Public District KG-5

5.5 mi

6565 US Highway 98 E

7

Van R. Butler Elementary School

Public District KG-5

12.2 mi

6694 W County Highway 30A

5

West Bay Elementary School

Public District KG-5

12.6 mi

14813 School Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $93,868. The majority of Inlet Beach, FL residents have income between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

24%
<35k
30%
35k-100k
25%
100k-200k
21%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
5%
Single, with Kids
43%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
5%
12-17 yrs old
10%
18-34 yrs old
52%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • ApplebeesApplebees

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 98 Compass Point Way

The listing price of 98 Compass Point Way property is $8,495,000.

The property 98 Compass Point Way is a house located in Inlet Beach, Florida, 32461.

Active Listing: 98 Compass Point Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 98 Compass Point Way are: Dune Lakes Elementary School (GreatSchools Rating 8/10), Van R. Butler Elementary School (GreatSchools Rating 7/10), West Bay Elementary School (GreatSchools Rating 5/10), Emerald Coast Middle School (GreatSchools Rating 6/10), Freeport Middle School (GreatSchools Rating 7/10), Surfside Middle School (GreatSchools Rating 6/10), Seaside Neighborhood School (GreatSchools Rating 10/10), South Walton High School (GreatSchools Rating 8/10), J.R. Arnold High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $53,922 (source: MLS/based on county public records data).

The last sale was on October 17, 2022 for $8,178,000 (source: MLS/tax record).

The property at 98 Compass Point Way has 5 bedrooms and 5 full and 2 half bathrooms.

The property 98 Compass Point Way is 4,090 SqFt (source: MLS/tax record).

The year of construction for 98 Compass Point Way is 2015.

This home is located at 98 Compass Point Way in Inlet Beach, FL and zip code 32413. This 4,090 square foot home, which was built in 2015, sits on a 0.12 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $8,495,000.

In May 2025 more than 3 listings in Inlet Beach, FL were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 109 were sold below. Between April and May 2025, Inlet Beach, FL real estate market has seen increase in the number of listings by 7.9%. In May 2025, listings were on the market for 95 days. During the same period, the median list price in this real estate market was $994,796.

From Rocket Homes Real Estate and based on county public records data.

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