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17 Compass Point Way

Panama City Beach FL 32413

5
6
3
4230 sq. ft.
5227.2 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Steps from the sugar-white sands of the Gulf, this exceptional Watersound Beach residence commands attention across four thoughtfully designed floors. Built in 2017 and encompassing 4,230 square feet, this five-bedroom, five-and-a-half-bath home is a masterclass in refined coastal living, with all three HVAC systems replaced in 2026 for effortless, worry-free ownership. Soaring ceilings, crisp white interiors, and a white brick fireplace set the tone, while the chef's kitchen boasts marble countertops and a full suite of Thermador appliances, including a six-burner gas range. Two primary suites, including a first-floor retreat, offer rare privacy. A dedicated bunk room and third-floor game room with oversized screen make the home ideal for gathering and entertaining. Outside, a private pool and landscaped yard provide a serene escape, while the fourth-floor west-facing lookout tower reveals sweeping views of the Emerald Coast. Dual full-width covered porches invite unhurried mornings and golden-hour evenings. A detached garage and paved driveway complete the offering. Within the gated Watersound Beach community, residents enjoy multiple pools, a private fitness center, miles of scenic boardwalks, a dog park, and one mile of deeded Gulf beach access. Short-term rentals are permitted, presenting a rare opportunity to own a premier primary residence, second home, or income-producing asset along one of Florida's most sought-after coastlines.

Features

5 bedrooms
6 bathrooms
3 carspaces
1 garage space
4230 sq. ft. floor area
5227.2 sq. ft. lot size
Single-Family

Property history for 17 Compass Point Way

2025
Sold
$4,500,000
05 Sep 2025 by The Geppert Beeker Group, of Scenic Sotheby's International Realty
2020
Sold
$2,975,000
29 Jun 2020 by The Martin Group, of Coastal Luxury

Happy sellers in Panama City Beach

79%
79% of sellers in Panama City Beach reported that their sale price either exceeded or met their price expectations.

Panama City Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Panama City Beach over the last 12 months.

Local market activity for 5 bedroom single-family properties in Panama City Beach

In the last 12 months, 83 five-bedroom single-family properties similar to 17 Compass Point Way, have been sold.

This represents a 35% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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