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
19 Creek Bridge Way Watersound, FL Set within the gated Bridges section of WaterSound Beach, quietly bordering Camp Creek Lak...	4 beds \| 5 baths \| 3,270 sq.ft.	$2,895,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 0.32% Airbnb Rental Income: $3798 Traditional Rental Income: $6135 Airbnb ROI: -0.86% Traditional ROI: 0.32%
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 \| 2,643 sq.ft.	$3,200,000	Airbnb cash on cash: -1.14% Traditional cash on cash: -0.52% Airbnb Rental Income: $3798 Traditional Rental Income: $4822 Airbnb ROI: -1.14% Traditional ROI: -0.52%
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: 1.07% Traditional cash on cash: 2.18% Airbnb Rental Income: $4929 Traditional Rental Income: $5937 Airbnb ROI: 1.07% Traditional ROI: 2.18%
407 Pollard Cove E lot: 100 Watersound, FL This newly completed home built by Cole Construction is the popular Rose Cottage plan, sit...	5 beds \| 5 baths \| 3,416 sq.ft.	$2,111,850	Airbnb cash on cash: 0.87% Traditional cash on cash: 1.39% Airbnb Rental Income: $4929 Traditional Rental Income: $4925 Airbnb ROI: 0.87% Traditional ROI: 1.39%
54 Pollard Cove West Lot 43 Watersound, FL *List price reflects a $50,000 waived lot premium incentive currently offered by the Build...	4 beds \| 4 baths \| 3,297 sq.ft.	$1,963,900	Airbnb cash on cash: -0.38% Traditional cash on cash: 0.54% Airbnb Rental Income: $3798 Traditional Rental Income: $4662 Airbnb ROI: -0.38% Traditional ROI: 0.54%
42 E Seabrook Way Lot 34 Watersound, FL Welcome to the Florence floor plan by Arkon Group, a stunning new construction home in Pow...	4 beds \| 4 baths \| 2,484 sq.ft.	$999,600	Airbnb cash on cash: 1.93% Traditional cash on cash: 3.44% Airbnb Rental Income: $3798 Traditional Rental Income: $4380 Airbnb ROI: 1.93% Traditional ROI: 3.44%
74 Pollard Cove West Lot 41 Watersound, FL Welcome to the newly completed Rosecliffe II, by Romair Homes - a beautifully crafted sing...	4 beds \| 4 baths \| 2,609 sq.ft.	$1,806,500	Airbnb cash on cash: 0.63% Traditional cash on cash: 1.53% Airbnb Rental Income: $3798 Traditional Rental Income: $4490 Airbnb ROI: 0.63% Traditional ROI: 1.53%
148 E Seabrook Way lot: 29 Watersound, FL Experience modern luxury in this brand-new Cyra floor plan by Arkon Group, located in Powe...	3 beds \| 4 baths \| 2,213 sq.ft.	$930,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 2.46% Airbnb Rental Income: $2646 Traditional Rental Income: $3159 Airbnb ROI: 1.14% Traditional ROI: 2.46%
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: 4.63% Traditional cash on cash: 1.48% Airbnb Rental Income: $4870 Traditional Rental Income: $2259 Airbnb ROI: 4.63% Traditional ROI: 1.48%
320 Naturewalk Boulevard Watersound, FL Rare relaunch. Shows better than a model home. One-of-a-kind floor plan in the exclusive g...	4 beds \| 3 baths \| 2,671 sq.ft.	$1,174,999	Airbnb cash on cash: 0.89% Traditional cash on cash: 0.86% Airbnb Rental Income: $3798 Traditional Rental Income: $2949 Airbnb ROI: 0.89% Traditional ROI: 0.86%
23 Green Heron St Lot 54 Watersound, FL *Fully Furnished Brady MODEL - this is a true turn-key opportunity!! in the Longleaf Park ...	3 beds \| 2 baths \| 1,960 sq.ft.	$839,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 1.44% Airbnb Rental Income: $2646 Traditional Rental Income: $2828 Airbnb ROI: 0.4% Traditional ROI: 1.44%
280 Green Heron St Lot 28 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.	$698,900	Airbnb cash on cash: 3.71% Traditional cash on cash: 0.85% Airbnb Rental Income: $4870 Traditional Rental Income: $2009 Airbnb ROI: 3.71% Traditional ROI: 0.85%
290 Green Heron St Lot 27 Watersound, FL Welcome to the Colt XL, located in the Longleaf Park neighborhood of Watersound Origins wi...	3 beds \| 2 baths \| 1,940 sq.ft.	$792,770	Airbnb cash on cash: 0.54% Traditional cash on cash: 0.66% Airbnb Rental Income: $2646 Traditional Rental Income: $2105 Airbnb ROI: 0.54% Traditional ROI: 0.66%
61 E Sandlefoot Ln Lot 27 Watersound, FL Welcome to this highly sought-after Huff Coral Bean floor plan offering 2,493 square feet,...	4 beds \| 3 baths \| 2,493 sq.ft.	$1,099,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 0.45% Airbnb Rental Income: $5057 Traditional Rental Income: $2645 Airbnb ROI: 1.8% Traditional ROI: 0.45%
74 Governors Ct #304 Watersound, FL Located within The Whitby, Residence 304 is a three bedroom condominium featuring an open ...	3 beds \| 3 baths \| 1,878 sq.ft.	$3,550,000	Airbnb cash on cash: -1.39% Traditional cash on cash: -1.24% Airbnb Rental Income: $4238 Traditional Rental Income: $3827 Airbnb ROI: -1.39% Traditional ROI: -1.24%
999 Suwannee Drive lot: 1 Watersound, FL The new price reflects a builder discount of $105,480. Welcome to the Macy by Huff Homes, ...	4 beds \| 4 baths \| 2,805 sq.ft.	$1,103,880	Airbnb cash on cash: 0.79% Traditional cash on cash: 0.56% Airbnb Rental Income: $3798 Traditional Rental Income: $2734 Airbnb ROI: 0.79% Traditional ROI: 0.56%
1029 Suwannee Dr Lot 4 Watersound, FL *The new price reflects a builder discount of $ 49,530. Welcome to the Brady plan, located...	3 beds \| 2 baths \| 2,100 sq.ft.	$879,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 0.44% Airbnb Rental Income: $2646 Traditional Rental Income: $2233 Airbnb ROI: 0.18% Traditional ROI: 0.44%
1009 Suwannee Dr Lot 2 Watersound, FL *The new price reflects a builder discount of $42,355. Welcome to the Colt plan, located i...	3 beds \| 2 baths \| 2,025 sq.ft.	$869,900	Airbnb cash on cash: 0.33% Traditional cash on cash: 0.56% Airbnb Rental Income: $2646 Traditional Rental Income: $2203 Airbnb ROI: 0.33% Traditional ROI: 0.56%
78 Hutton Cv Lot 55 Watersound, FL Welcome to the Sydney plan, part of the Preserve Collection in the Arborview Park neighbor...	4 beds \| 3 baths \| 2,405 sq.ft.	$1,521,650	Airbnb cash on cash: 0.08% Traditional cash on cash: -0.17% Airbnb Rental Income: $3798 Traditional Rental Income: $2629 Airbnb ROI: 0.08% Traditional ROI: -0.17%
189 N Southern Cross Ln Watersound, FL At 189 N Southern Cross Lane, a sense of anticipation lingers in the air--an emerging resi...	5 beds \| 5 baths \| 5,525 sq.ft.	$5,500,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 0.41% Airbnb Rental Income: $4929 Traditional Rental Income: $7941 Airbnb ROI: -0.38% Traditional ROI: 0.41%
81 Hutton Cv Lot 75 Watersound, FL The Ficus rear-load garage plan in the Preserve Collection at Arborview Park offers 2,685 ...	4 beds \| 4 baths \| 2,685 sq.ft.	$1,802,353	Airbnb cash on cash: -0.21% Traditional cash on cash: -0.14% Airbnb Rental Income: $3798 Traditional Rental Income: $3090 Airbnb ROI: -0.21% Traditional ROI: -0.14%
91 Hutton Cv Lot 74 Watersound, FL With an estimated completion for end of September '26, the Hampton plan in the Preserve Co...	4 beds \| 3 baths \| 2,825 sq.ft.	$1,801,247	Airbnb cash on cash: -0.24% Traditional cash on cash: -0.35% Airbnb Rental Income: $3798 Traditional Rental Income: $2800 Airbnb ROI: -0.24% Traditional ROI: -0.35%
88 Hutton Cv Lot 56 Watersound, FL Estimated to be complete at the end of July, the Mirival plan in Arborview Park at Waterso...	4 beds \| 4 baths \| 3,020 sq.ft.	$1,887,912	Airbnb cash on cash: -0.32% Traditional cash on cash: -0.19% Airbnb Rental Income: $3798 Traditional Rental Income: $3191 Airbnb ROI: -0.32% Traditional ROI: -0.19%
332 Pollard Cove East Lot 118 Watersound, FL The Darien III by Romair is a custom residence with a detached carriage house, offering 4,...	5 beds \| 5 baths \| 4,775 sq.ft.	$3,446,650	Airbnb cash on cash: -0.77% Traditional cash on cash: -0.46% Airbnb Rental Income: $4929 Traditional Rental Income: $4893 Airbnb ROI: -0.77% Traditional ROI: -0.46%
339-B Suwannee Dr #70B Watersound, FL Welcome to the Lucas by Fischer Homes, a paired patio villa offering 1,410 square feet of ...	2 beds \| 2 baths \| 1,410 sq.ft.	$534,995	Airbnb cash on cash: 4.98% Traditional cash on cash: 1.06% Airbnb Rental Income: $4870 Traditional Rental Income: $1909 Airbnb ROI: 4.98% Traditional ROI: 1.06%
130 E Elliot Way Watersound, FL Nestled within the highly sought-after Powell Landing enclave of Watersound Origins, just ...	5 beds \| 5 baths \| 5,103 sq.ft.	$3,995,000	Airbnb cash on cash: -0.85% Traditional cash on cash: -0.4% Airbnb Rental Income: $4929 Traditional Rental Income: $5587 Airbnb ROI: -0.85% Traditional ROI: -0.4%
1019 Suwannee Dr Lot 3 Watersound, FL *The new pricing reflects a builder discount of $55,780. The Brigette plan offers 2,200 sq...	4 beds \| 3 baths \| 2,200 sq.ft.	$894,900	Airbnb cash on cash: 1.42% Traditional cash on cash: 0.92% Airbnb Rental Income: $3798 Traditional Rental Income: $2565 Airbnb ROI: 1.42% Traditional ROI: 0.92%
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: 1.1% Traditional cash on cash: 0.74% Airbnb Rental Income: $2646 Traditional Rental Income: $1821 Airbnb ROI: 1.1% Traditional ROI: 0.74%
70 W Elliot Way lot: 55 Watersound, FL This custom residence by Huff Homes offers 4,200 square feet, 5 bedrooms, 5.5 bathrooms, a...	5 beds \| 6 baths \| 4,200 sq.ft.	$3,195,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 1.54% Airbnb Rental Income: $4929 Traditional Rental Income: $7718 Airbnb ROI: 0.25% Traditional ROI: 1.54%
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: 5.42% Traditional cash on cash: 2.4% Airbnb Rental Income: $4870 Traditional Rental Income: $2309 Airbnb ROI: 5.42% Traditional ROI: 2.4%
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: 0.18% Traditional cash on cash: 1.41% Airbnb Rental Income: $4929 Traditional Rental Income: $7796 Airbnb ROI: 0.18% Traditional ROI: 1.41%
122 N Somerset Street Watersound, FL Amazing opportunity to own in Alys Beach! 3BR / 3.5BA townhome with a garage located just ...	3 beds \| 4 baths \| 2,004 sq.ft.	$3,495,000	Airbnb cash on cash: -1.17% Traditional cash on cash: -0.8% Airbnb Rental Income: $2646 Traditional Rental Income: $3231 Airbnb ROI: -1.17% Traditional ROI: -0.8%
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: 0.17% Traditional cash on cash: 1.42% Airbnb Rental Income: $3798 Traditional Rental Income: $4735 Airbnb ROI: 0.17% 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: 5.39% Traditional cash on cash: 2.21% Airbnb Rental Income: $4870 Traditional Rental Income: $2220 Airbnb ROI: 5.39% 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: 0.48% Traditional cash on cash: 2.04% Airbnb Rental Income: $4929 Traditional Rental Income: $7818 Airbnb ROI: 0.48% Traditional ROI: 2.04%
316 Anastasia Cir Watersound, FL 316 Anastasia Cir, Watersound, FL 32461 \| Single Family Residential	4 beds \| 3 baths \| 2,750 sq.ft.	$1,250,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 0.2% Airbnb Rental Income: $3798 Traditional Rental Income: $2744 Airbnb ROI: 0.4% Traditional ROI: 0.2%
TBD Green Heron St 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: 4.89% Traditional cash on cash: 2.55% Airbnb Rental Income: $4870 Traditional Rental Income: $2448 Airbnb ROI: 4.89% Traditional ROI: 2.55%
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: 1.72% Traditional cash on cash: 3.04% Airbnb Rental Income: $2646 Traditional Rental Income: $2917 Airbnb ROI: 1.72% 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: 1.59% Traditional cash on cash: 2.85% Airbnb Rental Income: $2646 Traditional Rental Income: $2917 Airbnb ROI: 1.59% Traditional ROI: 2.85%
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: 1.72% Traditional cash on cash: 3.04% Airbnb Rental Income: $2646 Traditional Rental Income: $2917 Airbnb ROI: 1.72% Traditional ROI: 3.04%

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

There are 61 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

19 Creek Bridge Way

Watersound, FL

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

$2,895,000

Airbnb cash on cash: -0.86%

Traditional cash on cash: 0.32%

Airbnb Rental Income: $3798

Traditional Rental Income: $6135

Airbnb ROI: -0.86%

Traditional ROI: 0.32%

8 S Watch Tower Lane

Watersound, FL

4 beds | 5 baths | 2,643 sq.ft.

$3,200,000

Airbnb cash on cash: -1.14%

Traditional cash on cash: -0.52%

Airbnb Rental Income: $3798

Traditional Rental Income: $4822

Airbnb ROI: -1.14%

Traditional ROI: -0.52%

100 Sawbuck Drive

Watersound, FL

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

$1,955,000

Airbnb cash on cash: 1.07%

Traditional cash on cash: 2.18%

Airbnb Rental Income: $4929

Traditional Rental Income: $5937

Airbnb ROI: 1.07%

Traditional ROI: 2.18%

407 Pollard Cove E lot: 100

Watersound, FL

5 beds | 5 baths | 3,416 sq.ft.

$2,111,850

Airbnb cash on cash: 0.87%

Traditional cash on cash: 1.39%

Airbnb Rental Income: $4929

Traditional Rental Income: $4925

Airbnb ROI: 0.87%

Traditional ROI: 1.39%

54 Pollard Cove West Lot 43

Watersound, FL

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

$1,963,900

Airbnb cash on cash: -0.38%

Traditional cash on cash: 0.54%

Airbnb Rental Income: $3798

Traditional Rental Income: $4662

Airbnb ROI: -0.38%

Traditional ROI: 0.54%

42 E Seabrook Way Lot 34

Watersound, FL

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

$999,600

Airbnb cash on cash: 1.93%

Traditional cash on cash: 3.44%

Airbnb Rental Income: $3798

Traditional Rental Income: $4380

Airbnb ROI: 1.93%

Traditional ROI: 3.44%

74 Pollard Cove West Lot 41

Watersound, FL

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

$1,806,500

Airbnb cash on cash: 0.63%

Traditional cash on cash: 1.53%

Airbnb Rental Income: $3798

Traditional Rental Income: $4490

Airbnb ROI: 0.63%

Traditional ROI: 1.53%

148 E Seabrook Way lot: 29

Watersound, FL

3 beds | 4 baths | 2,213 sq.ft.

$930,000

Airbnb cash on cash: 1.14%

Traditional cash on cash: 2.46%

Airbnb Rental Income: $2646

Traditional Rental Income: $3159

Airbnb ROI: 1.14%