Real Estate Investment Properties for Sale in Watersound, FL

Looking for investment property in Watersound, FL with high ROI ?

Explore a variety of short-term homes & houses in Watersound, FL. Invest wisely with VRBO & Watersound, FL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Watersound, FL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
132 N Somerset Street Watersound, FL Fully furnished and nestled in the heart of Alys Beach, this exquisite home epitomizes the...	3 beds \| 4 baths \| 2,004 sq.ft.	$3,850,000	Airbnb cash on cash: -1.24% Traditional cash on cash: -0.37% Airbnb Rental Income: $2463 Traditional Rental Income: $4993 Airbnb ROI: -1.24% Traditional ROI: -0.37%
19 Creek Bridge Way Watersound, FL WaterSound Beach is known for exclusivity and private deeded beach access offering a mile ...	4 beds \| 5 baths \| 3,270 sq.ft.	$2,995,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 0.27% Airbnb Rental Income: $3633 Traditional Rental Income: $6135 Airbnb ROI: -0.91% Traditional ROI: 0.27%
8 S Watch Tower Lane Watersound, FL Behind the gates of Watersound Beach, 8 S Watch Tower Lane sits on a premier corner lot st...	4 beds \| 5 baths \| 2,626 sq.ft.	$3,294,999	Airbnb cash on cash: -1.2% Traditional cash on cash: -0.55% Airbnb Rental Income: $3633 Traditional Rental Income: $4822 Airbnb ROI: -1.2% Traditional ROI: -0.55%
203 Trailhead Drive Watersound, FL This home sits on one of the most desirable streets in Origins. Over 1,000 sq. ft. of cove...	4 beds \| 5 baths \| 3,252 sq.ft.	$1,790,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 3.3% Airbnb Rental Income: $3633 Traditional Rental Income: $7571 Airbnb ROI: 0.46% Traditional ROI: 3.3%
53 Creek Bridge Way Watersound, FL Welcome to 53 Creek Bridge Way, a refined coastal retreat nestled in the heart of the pres...	4 beds \| 5 baths \| 3,247 sq.ft.	$3,395,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 0.68% Airbnb Rental Income: $3633 Traditional Rental Income: $7009 Airbnb ROI: -0.65% Traditional ROI: 0.68%
74 Governors Court unit: #W402 Watersound, FL Top floor 2BR/2BA condo in Alys Beach. Fantastic views! Centrally located at the Whitby in...	2 beds \| 2 baths \| 1,353 sq.ft.	$3,250,000	Airbnb cash on cash: -1.86% Traditional cash on cash: -1.24% Airbnb Rental Income: $1487 Traditional Rental Income: $2904 Airbnb ROI: -1.86% Traditional ROI: -1.24%
291 E Pollard Cove lot: 93 Watersound, FL New from Key Lime Construction in Powell Landing East, the Bienville is a 4,105 square foo...	4 beds \| 5 baths \| 4,105 sq.ft.	$2,425,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 1.16% Airbnb Rental Income: $3633 Traditional Rental Income: $5024 Airbnb ROI: 0.19% Traditional ROI: 1.16%
Cannonball Lane lot: 10 Watersound, FL Entered for comp purposes. Appraiser please see contract for a full list of features and u...	5 beds \| 7 baths \| 5,292 sq.ft.	$3,725,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 1.07% Airbnb Rental Income: $3767 Traditional Rental Income: $7530 Airbnb ROI: -0.25% Traditional ROI: 1.07%
27 Admiralty Row unit: 305 Watersound, FL Welcome and experience unparalleled luxury at The Della Condominiums, an exquisite 2-bedro...	2 beds \| 3 baths \| 1,793 sq.ft.	$3,295,000	Airbnb cash on cash: -0.94% Traditional cash on cash: -0.06% Airbnb Rental Income: $1487 Traditional Rental Income: $3739 Airbnb ROI: -0.94% Traditional ROI: -0.06%
109 Kaiya Avenue Watersound, FL A true one-of-a-kind retreat in Kaiya Beach Resort, 109 Kaiya Avenue delivers more than 4,...	4 beds \| 5 baths \| 4,190 sq.ft.	$5,850,000	Airbnb cash on cash: -1.27% Traditional cash on cash: -0.6% Airbnb Rental Income: $3633 Traditional Rental Income: $6459 Airbnb ROI: -1.27% Traditional ROI: -0.6%
21 Rosecourt Street Watersound, FL Nestled in the sought-after Greenway phase of Watersound Origins on a deep and wide lot, t...	4 beds \| 4 baths \| 2,947 sq.ft.	$1,825,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 0.86% Airbnb Rental Income: $3633 Traditional Rental Income: $4402 Airbnb ROI: -0.07% Traditional ROI: 0.86%
425 Lafayette Road Watersound, FL Enjoy an amenity-rich lifestyle in Watersound Origins-NatureWalk, featuring resort-style p...	4 beds \| 4 baths \| 2,624 sq.ft.	$1,268,975	Airbnb cash on cash: 0.43% Traditional cash on cash: 2.63% Airbnb Rental Income: $3633 Traditional Rental Income: $5444 Airbnb ROI: 0.43% Traditional ROI: 2.63%
34 Heartwood Street Watersound, FL LARGE BONUS/FLEX ROOM CAN SERVE AS A FIFTH BEDROOM. Welcome to this exceptional Coastal Li...	4 beds \| 5 baths \| 3,087 sq.ft.	$1,700,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 2.39% Airbnb Rental Income: $3633 Traditional Rental Income: $6529 Airbnb ROI: 0.05% Traditional ROI: 2.39%
49 Sundew Place Watersound, FL There is something inherently calming about life at the edge of water--and at 49 Sundew Pl...	5 beds \| 7 baths \| 5,549 sq.ft.	$4,995,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 0.39% Airbnb Rental Income: $3767 Traditional Rental Income: $10750 Airbnb ROI: -1.29% Traditional ROI: 0.39%
79 Suwannee Drive Watersound, FL Welcome to 79 Suwannee Drive in WaterSound Origins--like new and beautifully maintained, t...	3 beds \| 2 baths \| 1,832 sq.ft.	$745,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 2.58% Airbnb Rental Income: $2463 Traditional Rental Income: $3355 Airbnb ROI: 0.43% Traditional ROI: 2.58%
189 N Southern Cross Lane Watersound, FL At 189 N Southern Cross Lane, a sense of anticipation lingers in the air--an emerging resi...	5 beds \| 7 baths \| 5,525 sq.ft.	$5,500,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 0.43% Airbnb Rental Income: $3767 Traditional Rental Income: $7941 Airbnb ROI: -0.55% Traditional ROI: 0.43%
TBD Hutton Cv Lot 75 Watersound, FL TBD Hutton Cv Lot 75, Watersound, FL 32461 \| Single Family Residential	4 beds \| 4 baths \| 2,685 sq.ft.	$1,484,125	Airbnb cash on cash: 0.01% Traditional cash on cash: 0.19% Airbnb Rental Income: $3633 Traditional Rental Income: $3090 Airbnb ROI: 0.01% Traditional ROI: 0.19%
91 Hutton Cv Lot 74 Watersound, FL 91 Hutton Cv Lot 74, Watersound, FL 32461 \| Single Family Residential	4 beds \| 3 baths \| 2,825 sq.ft.	$1,474,375	Airbnb cash on cash: 0.02% Traditional cash on cash: -0.01% Airbnb Rental Income: $3633 Traditional Rental Income: $2800 Airbnb ROI: 0.02% Traditional ROI: -0.01%

Real Estate investment in Watersound, FL

There are 18 properties for sale in the city of Watersound . The median list price in Watersound is $3,122,500 and the average price per square foot is $966. In April 2026, the average monthly cash on cash return in Watersound is N/A%. The average monthly rental income in Watersound is $5,444.

Watersound, FL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 18 investment properties available for sale in Watersound.

In 2026, the best neighborhood to buy investment property is Watersound.

The ROI for Long-Term is higher than the Short-Term in Watersound with average rental income of $5,444.

Your search for investment property begins and ends here

Investment Property for Sale in Watersound, FL

132 N Somerset Street

Watersound, FL

3 beds | 4 baths | 2,004 sq.ft.

$3,850,000

Airbnb cash on cash: -1.24%

Traditional cash on cash: -0.37%

Airbnb Rental Income: $2463

Traditional Rental Income: $4993

Airbnb ROI: -1.24%

Traditional ROI: -0.37%

19 Creek Bridge Way

Watersound, FL

4 beds | 5 baths | 3,270 sq.ft.

$2,995,000

Airbnb cash on cash: -0.91%

Traditional cash on cash: 0.27%

Airbnb Rental Income: $3633

Traditional Rental Income: $6135

Airbnb ROI: -0.91%

Traditional ROI: 0.27%

8 S Watch Tower Lane

Watersound, FL

4 beds | 5 baths | 2,626 sq.ft.

$3,294,999

Airbnb cash on cash: -1.2%

Traditional cash on cash: -0.55%

Airbnb Rental Income: $3633

Traditional Rental Income: $4822

Airbnb ROI: -1.2%

Traditional ROI: -0.55%

203 Trailhead Drive

Watersound, FL

4 beds | 5 baths | 3,252 sq.ft.

$1,790,000

Airbnb cash on cash: 0.46%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $3633

Traditional Rental Income: $7571

Airbnb ROI: 0.46%

Traditional ROI: 3.3%

53 Creek Bridge Way

Watersound, FL

4 beds | 5 baths | 3,247 sq.ft.

$3,395,000

Airbnb cash on cash: -0.65%

Traditional cash on cash: 0.68%

Airbnb Rental Income: $3633

Traditional Rental Income: $7009

Airbnb ROI: -0.65%

Traditional ROI: 0.68%

74 Governors Court unit: #W402

Watersound, FL

2 beds | 2 baths | 1,353 sq.ft.

$3,250,000

Airbnb cash on cash: -1.86%

Traditional cash on cash: -1.24%

Airbnb Rental Income: $1487

Traditional Rental Income: $2904

Airbnb ROI: -1.86%

Traditional ROI: -1.24%

291 E Pollard Cove lot: 93

Watersound, FL

4 beds | 5 baths | 4,105 sq.ft.

$2,425,000

Airbnb cash on cash: 0.19%

Traditional cash on cash: 1.16%

Airbnb Rental Income: $3633

Traditional Rental Income: $5024

Airbnb ROI: 0.19%

Traditional ROI: 1.16%

Cannonball Lane lot: 10

Watersound, FL

5 beds | 7 baths | 5,292 sq.ft.

$3,725,000

Airbnb cash on cash: -0.25%

Traditional cash on cash: 1.07%

Airbnb Rental Income: $3767

Traditional Rental Income: $7530

Airbnb ROI: -0.25%