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
100 Sawbuck Drive Watersound, FL Introducing one of few 5 bedroom plans in WaterSound Origins, this Cole Construction home ...	5 beds \| 5 baths \| 3,200 sq.ft.	$1,955,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 2.18% Airbnb Rental Income: $1507 Traditional Rental Income: $5937 Airbnb ROI: -0.5% Traditional ROI: 2.18%
54 Pollard Cove W lot: 43 Watersound, FL *List price reflects a $50,000 waived lot premium incentive currently offered by the Build...	4 beds \| 5 baths \| 3,297 sq.ft.	$1,963,900	Airbnb cash on cash: 0.03% Traditional cash on cash: 0.52% Airbnb Rental Income: $4739 Traditional Rental Income: $4662 Airbnb ROI: 0.03% Traditional ROI: 0.52%
42 E Seabrook Way lot: 34 Watersound, FL Move In Ready!!! Welcome to the Florence floor plan by Arkon Group, a stunning new constru...	4 beds \| 4 baths \| 2,484 sq.ft.	$999,600	Airbnb cash on cash: 2.73% Traditional cash on cash: 3.4% Airbnb Rental Income: $4739 Traditional Rental Income: $4380 Airbnb ROI: 2.73% Traditional ROI: 3.4%
74 Pollard Cove W lot: 41 Watersound, FL Welcome to the newly completed Rosecliffe II, by Romair Homes - a beautifully crafted sing...	4 beds \| 5 baths \| 2,609 sq.ft.	$1,806,500	Airbnb cash on cash: 1.07% Traditional cash on cash: 1.51% Airbnb Rental Income: $4739 Traditional Rental Income: $4490 Airbnb ROI: 1.07% Traditional ROI: 1.51%
158 E Seabrook Way lot: 28 Watersound, FL Welcome to the Florence floor plan, a stunning new construction home situated on a corner ...	4 beds \| 4 baths \| 2,484 sq.ft.	$1,043,750	Airbnb cash on cash: 2.58% Traditional cash on cash: 3.22% Airbnb Rental Income: $4739 Traditional Rental Income: $4380 Airbnb ROI: 2.58% Traditional ROI: 3.22%
359 A Suwannee Drive #66A Watersound, FL The Anfield plan offers 1,442 square feet, 2 bedrooms, 2.5 bathrooms, and a 1.5-car garage...	2 beds \| 3 baths \| 1,442 sq.ft.	$547,460	Airbnb cash on cash: 6.31% Traditional cash on cash: 1.48% Airbnb Rental Income: $5901 Traditional Rental Income: $2259 Airbnb ROI: 6.31% Traditional ROI: 1.48%
23 Green Heron Street lot: 54 Watersound, FL *Fully Furnished Brady MODEL - this is a true turn-key opportunity!! in the Longleaf Park ...	3 beds \| 3 baths \| 1,960 sq.ft.	$839,900	Airbnb cash on cash: 0.94% Traditional cash on cash: 1.44% Airbnb Rental Income: $3148 Traditional Rental Income: $2828 Airbnb ROI: 0.94% Traditional ROI: 1.44%
305 Pollard Cove E lot: 94 Watersound, FL The Evangeline Plan by Key Lime Construction showcases timeless coastal architecture blend...	5 beds \| 6 baths \| 4,928 sq.ft.	$3,200,000	Airbnb cash on cash: -1.6% Traditional cash on cash: 0.87% Airbnb Rental Income: $1507 Traditional Rental Income: $8408 Airbnb ROI: -1.6% Traditional ROI: 0.87%
450 A Suwannee Drive #20A Watersound, FL Built by Fischer Homes, this beautifully designed Anfield Coastal Cottage in The Villas at...	2 beds \| 3 baths \| 1,442 sq.ft.	$549,995	Airbnb cash on cash: 6.47% Traditional cash on cash: 1.56% Airbnb Rental Income: $5901 Traditional Rental Income: $2206 Airbnb ROI: 6.47% Traditional ROI: 1.56%
280 Green Heron Street lot: 28 Watersound, FL Move-In Ready!!! Welcome to the Alana II, a thoughtfully designed residence located in the...	2 beds \| 2 baths \| 1,570 sq.ft.	$698,900	Airbnb cash on cash: 5.02% Traditional cash on cash: 0.85% Airbnb Rental Income: $5901 Traditional Rental Income: $2009 Airbnb ROI: 5.02% Traditional ROI: 0.85%
290 Green Heron Street lot: 27 Watersound, FL Welcome to this Move-In Ready Colt XL, located in the Longleaf Park neighborhood of Waters...	3 beds \| 3 baths \| 1,940 sq.ft.	$792,770	Airbnb cash on cash: 1.11% Traditional cash on cash: 0.66% Airbnb Rental Income: $3148 Traditional Rental Income: $2105 Airbnb ROI: 1.11% Traditional ROI: 0.66%
425 Lafayette Road Watersound, FL Check out the new pool deck & landscaping! Enjoy an amenity-rich lifestyle in Watersound O...	4 beds \| 4 baths \| 2,624 sq.ft.	$1,268,975	Airbnb cash on cash: 1.21% Traditional cash on cash: 2.63% Airbnb Rental Income: $4739 Traditional Rental Income: $5444 Airbnb ROI: 1.21% Traditional ROI: 2.63%
249 Pollard Cove E lot: 90 Watersound, FL The Tensas by Key Lime Construction is a striking 4 bedroom, 5 full bath, 2 half bath, 3-c...	4 beds \| 6 baths \| 3,913 sq.ft.	$2,850,900	Airbnb cash on cash: -0.55% Traditional cash on cash: 0.81% Airbnb Rental Income: $4739 Traditional Rental Income: $7369 Airbnb ROI: -0.55% Traditional ROI: 0.81%
1029 Suwannee Drive lot: 4 Watersound, FL *The new price reflects a builder discount of over $50,000. Welcome to the Brady plan, loc...	3 beds \| 3 baths \| 2,100 sq.ft.	$879,900	Airbnb cash on cash: 0.81% Traditional cash on cash: 0.56% Airbnb Rental Income: $3148 Traditional Rental Income: $2233 Airbnb ROI: 0.81% Traditional ROI: 0.56%
1009 Suwannee Drive lot: 2 Watersound, FL *The new price reflects a builder discount of over $40,000. Welcome to the Colt plan, loca...	3 beds \| 3 baths \| 2,100 sq.ft.	$879,080	Airbnb cash on cash: 0.81% Traditional cash on cash: 0.53% Airbnb Rental Income: $3148 Traditional Rental Income: $2203 Airbnb ROI: 0.81% Traditional ROI: 0.53%
78 Hutton Cove lot: 55 Watersound, FL *Move-In Ready! Additional fencing was added to the backyard- photos coming soon. Welcome ...	4 beds \| 3 baths \| 2,405 sq.ft.	$1,367,290	Airbnb cash on cash: 0.9% Traditional cash on cash: 0.01% Airbnb Rental Income: $4739 Traditional Rental Income: $2629 Airbnb ROI: 0.9% Traditional ROI: 0.01%
E Seabrook Way lot: 22 Watersound, FL Welcome to the Isabella by Arkon Homes, a brand-new floor plan located on an oversized pie...	4 beds \| 4 baths \| 3,750 sq.ft.	$2,300,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 0.02% Airbnb Rental Income: $4739 Traditional Rental Income: $4292 Airbnb ROI: -0.23% Traditional ROI: 0.02%
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: -0.94% Traditional cash on cash: 0.41% Airbnb Rental Income: $1507 Traditional Rental Income: $7941 Airbnb ROI: -0.94% Traditional ROI: 0.41%
81 Hutton Cove lot: 75 Watersound, FL *The new price reflects a builder discount of over $110,000. The Ficus rear-load garage pl...	4 beds \| 5 baths \| 2,685 sq.ft.	$1,749,900	Airbnb cash on cash: 0.29% Traditional cash on cash: -0.12% Airbnb Rental Income: $4739 Traditional Rental Income: $3090 Airbnb ROI: 0.29% Traditional ROI: -0.12%
91 Hutton Cove lot: 74 Watersound, FL *The new price reflects a builder discount of over $70,000. With an estimated completion f...	4 beds \| 3 baths \| 2,825 sq.ft.	$1,729,900	Airbnb cash on cash: 0.32% Traditional cash on cash: -0.28% Airbnb Rental Income: $4739 Traditional Rental Income: $2800 Airbnb ROI: 0.32% Traditional ROI: -0.28%
88 Hutton Cove lot: 56 Watersound, FL Offering over 3,000 square feet of living space, this four-bedroom, four-and-a-half-bath r...	4 beds \| 5 baths \| 3,020 sq.ft.	$1,728,462	Airbnb cash on cash: 0.32% Traditional cash on cash: -0.04% Airbnb Rental Income: $4739 Traditional Rental Income: $3191 Airbnb ROI: 0.32% Traditional ROI: -0.04%
20 Porter Way lot: 67 Watersound, FL The Victor plan offers thoughtfully designed single-level living in the Powell Landing Eas...	4 beds \| 5 baths \| 2,448 sq.ft.	$1,104,005	Airbnb cash on cash: 1.51% Traditional cash on cash: 0.8% Airbnb Rental Income: $4739 Traditional Rental Income: $3031 Airbnb ROI: 1.51% Traditional ROI: 0.8%
339-A Suwannee Drive #70A Watersound, FL Welcome to the Anfield by Fischer Homes, a paired patio villa offering 1,442 square feet o...	2 beds \| 3 baths \| 1,442 sq.ft.	$558,995	Airbnb cash on cash: 6.34% Traditional cash on cash: 0.86% Airbnb Rental Income: $5901 Traditional Rental Income: $1866 Airbnb ROI: 6.34% Traditional ROI: 0.86%
332 Pollard Cove E lot: 118 Watersound, FL The Darien III by Romair is a custom residence with a detached carriage house, offering 4,...	5 beds \| 6 baths \| 4,775 sq.ft.	$3,446,650	Airbnb cash on cash: -1.64% Traditional cash on cash: -0.44% Airbnb Rental Income: $1507 Traditional Rental Income: $4893 Airbnb ROI: -1.64% Traditional ROI: -0.44%
339-B Suwannee Drive #70B Watersound, FL Move-In Ready!! Photos coming soon! Welcome to the Lucas by Fischer Homes, a paired patio ...	2 beds \| 2 baths \| 1,410 sq.ft.	$534,995	Airbnb cash on cash: 6.7% Traditional cash on cash: 1.06% Airbnb Rental Income: $5901 Traditional Rental Income: $1909 Airbnb ROI: 6.7% Traditional ROI: 1.06%
1019 Suwannee Drive lot: 3 Watersound, FL *The new pricing reflects a builder discount of over $50,000. The Brigette plan offers 2,2...	4 beds \| 4 baths \| 2,200 sq.ft.	$904,080	Airbnb cash on cash: 2.31% Traditional cash on cash: 0.89% Airbnb Rental Income: $4739 Traditional Rental Income: $2565 Airbnb ROI: 2.31% Traditional ROI: 0.89%
20 A Skimmer Cove Loop #24A Watersound, FL The Anfield paired patio home offers 1,442 square feet, 2 bedrooms, 2.5 bathrooms, and a 1...	3 beds \| 3 baths \| 1,442 sq.ft.	$566,525	Airbnb cash on cash: 1.89% Traditional cash on cash: 0.74% Airbnb Rental Income: $3148 Traditional Rental Income: $1821 Airbnb ROI: 1.89% Traditional ROI: 0.74%
36 Milestone Drive #A Watersound, FL Experience the ultimate 30A lifestyle in this beautifully appointed, turn-key end-unit tow...	3 beds \| 3 baths \| 1,747 sq.ft.	$940,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 0.22% Airbnb Rental Income: $3148 Traditional Rental Income: $2388 Airbnb ROI: 0.27% Traditional ROI: 0.22%
430 A Suwannee Drive #18A Watersound, FL The Anfield plan offers 1,442 square feet, 2 bedrooms, 2.5 bathrooms, and a 1.5-car garage...	2 beds \| 3 baths \| 1,442 sq.ft.	$553,516	Airbnb cash on cash: 7.08% Traditional cash on cash: 2.4% Airbnb Rental Income: $5901 Traditional Rental Income: $2309 Airbnb ROI: 7.08% Traditional ROI: 2.4%
430 B Suwannee Drive #18B Watersound, FL The Lucas plan offers 1,418 square feet, 2 bedrooms, 2 bathrooms, and a 1.5-car garage in ...	2 beds \| 2 baths \| 1,418 sq.ft.	$539,995	Airbnb cash on cash: 6.63% Traditional cash on cash: 1.77% Airbnb Rental Income: $5901 Traditional Rental Income: $2279 Airbnb ROI: 6.63% Traditional ROI: 1.77%
359 B Suwannee Drive #66B Watersound, FL The Lucas plan offers 1,418 square feet, 2 bedrooms, 2 bathrooms, and a 1.5-car garage in ...	2 beds \| 2 baths \| 1,418 sq.ft.	$539,950	Airbnb cash on cash: 6.63% Traditional cash on cash: 1.77% Airbnb Rental Income: $5901 Traditional Rental Income: $2279 Airbnb ROI: 6.63% Traditional ROI: 1.77%
57 E Elliot Way lot: 63 Watersound, FL This custom home in Powell Landing West at Watersound Origins offers 4,460 square feet, 5 ...	5 beds \| 7 baths \| 4,460 sq.ft.	$3,395,900	Airbnb cash on cash: -0.72% Traditional cash on cash: 1.41% Airbnb Rental Income: $1507 Traditional Rental Income: $7796 Airbnb ROI: -0.72% Traditional ROI: 1.41%
156 Hutton Cove lot: 61 Watersound, FL Entered for comp purposes. Welcome to the improved Ficus plan, part of the Preserve Collec...	4 beds \| 5 baths \| 2,676 sq.ft.	$1,513,310	Airbnb cash on cash: 0.72% Traditional cash on cash: 1.42% Airbnb Rental Income: $4739 Traditional Rental Income: $4735 Airbnb ROI: 0.72% Traditional ROI: 1.42%
475-A Suwannee Drive #48A Watersound, FL Entered for comp purposes. Welcome to The Villas at Longleaf Park, an exciting new additio...	2 beds \| 3 baths \| 1,448 sq.ft.	$555,670	Airbnb cash on cash: 7.05% Traditional cash on cash: 2.21% Airbnb Rental Income: $5901 Traditional Rental Income: $2220 Airbnb ROI: 7.05% Traditional ROI: 2.21%
29 E Elliot Way lot: 61 Watersound, FL This custom residence offers 3,500 square feet, 5 bedrooms, 5.5 bathrooms, and a 2-car gar...	5 beds \| 6 baths \| 3,500 sq.ft.	$2,699,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 2.04% Airbnb Rental Income: $1507 Traditional Rental Income: $7818 Airbnb ROI: -0.66% Traditional ROI: 2.04%
121 Green Heron Street lot: 64 Watersound, FL Welcome to the Alana II, a thoughtfully designed residence located in the Longleaf Park ne...	2 beds \| 2 baths \| 1,570 sq.ft.	$649,900	Airbnb cash on cash: 6.31% Traditional cash on cash: 2.55% Airbnb Rental Income: $5901 Traditional Rental Income: $2448 Airbnb ROI: 6.31% Traditional ROI: 2.55%
68 Bunting Lane lot: 75 Watersound, FL Entered for comp purposes. The Brady plan is a single-level, open-concept floor plan with ...	3 beds \| 3 baths \| 1,960 sq.ft.	$732,350	Airbnb cash on cash: 2.33% Traditional cash on cash: 3.04% Airbnb Rental Income: $3148 Traditional Rental Income: $2917 Airbnb ROI: 2.33% Traditional ROI: 3.04%
Bunting Lane lot: 69 Watersound, FL Entered for comp purposes. This Brady plan with an expanded rear porch, is a single-level,...	3 beds \| 3 baths \| 1,960 sq.ft.	$767,550	Airbnb cash on cash: 2.18% Traditional cash on cash: 2.85% Airbnb Rental Income: $3148 Traditional Rental Income: $2917 Airbnb ROI: 2.18% Traditional ROI: 2.85%
74 Bunting Lane lot: 74 Watersound, FL Entered for comp purposes. The Brady plan (with alternate elevation) is a single-level, op...	3 beds \| 3 baths \| 1,960 sq.ft.	$732,350	Airbnb cash on cash: 2.33% Traditional cash on cash: 3.04% Airbnb Rental Income: $3148 Traditional Rental Income: $2917 Airbnb ROI: 2.33% Traditional ROI: 3.04%
170 Hutton Cove lot: 62 Watersound, FL Entered for comp purposes only. The Hampton plan in the Preserve Collection at Arborview P...	4 beds \| 5 baths \| 2,880 sq.ft.	$1,570,640	Airbnb cash on cash: 0.63% Traditional cash on cash: 1.48% Airbnb Rental Income: $4739 Traditional Rental Income: $4996 Airbnb ROI: 0.63% Traditional ROI: 1.48%

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

There are 69 investment properties available for sale in Watersound.

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

The ROI for Short-Term is higher than the Long-Term in Watersound with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Watersound, FL

100 Sawbuck Drive

Watersound, FL

5 beds | 5 baths | 3,200 sq.ft.

$1,955,000

Airbnb cash on cash: -0.5%

Traditional cash on cash: 2.18%

Airbnb Rental Income: $1507

Traditional Rental Income: $5937

Airbnb ROI: -0.5%

Traditional ROI: 2.18%

54 Pollard Cove W lot: 43

Watersound, FL

4 beds | 5 baths | 3,297 sq.ft.

$1,963,900

Airbnb cash on cash: 0.03%

Traditional cash on cash: 0.52%

Airbnb Rental Income: $4739

Traditional Rental Income: $4662

Airbnb ROI: 0.03%

Traditional ROI: 0.52%

42 E Seabrook Way lot: 34

Watersound, FL

4 beds | 4 baths | 2,484 sq.ft.

$999,600

Airbnb cash on cash: 2.73%

Traditional cash on cash: 3.4%

Airbnb Rental Income: $4739

Traditional Rental Income: $4380

Airbnb ROI: 2.73%

Traditional ROI: 3.4%

74 Pollard Cove W lot: 41

Watersound, FL

4 beds | 5 baths | 2,609 sq.ft.

$1,806,500

Airbnb cash on cash: 1.07%

Traditional cash on cash: 1.51%

Airbnb Rental Income: $4739

Traditional Rental Income: $4490

Airbnb ROI: 1.07%

Traditional ROI: 1.51%

158 E Seabrook Way lot: 28

Watersound, FL

4 beds | 4 baths | 2,484 sq.ft.

$1,043,750

Airbnb cash on cash: 2.58%

Traditional cash on cash: 3.22%

Airbnb Rental Income: $4739

Traditional Rental Income: $4380

Airbnb ROI: 2.58%

Traditional ROI: 3.22%

359 A Suwannee Drive #66A

Watersound, FL

2 beds | 3 baths | 1,442 sq.ft.

$547,460

Airbnb cash on cash: 6.31%

Traditional cash on cash: 1.48%

Airbnb Rental Income: $5901

Traditional Rental Income: $2259

Airbnb ROI: 6.31%

Traditional ROI: 1.48%

23 Green Heron Street lot: 54

Watersound, FL

3 beds | 3 baths | 1,960 sq.ft.

$839,900

Airbnb cash on cash: 0.94%

Traditional cash on cash: 1.44%

Airbnb Rental Income: $3148

Traditional Rental Income: $2828

Airbnb ROI: 0.94%

Traditional ROI: 1.44%

305 Pollard Cove E lot: 94

Watersound, FL

5 beds | 6 baths | 4,928 sq.ft.

$3,200,000

Airbnb cash on cash: -1.6%

Traditional cash on cash: 0.87%

Airbnb Rental Income: $1507

Traditional Rental Income: $8408

Airbnb ROI: -1.6%