Gulf Shores Condo Guide · Little Lagoon / West Beach

Compass Point Condos for Sale

Compass Point is a premier 56-unit waterfront condominium complex situated on Sandpiper Lane along the shores of Little Lagoon in Gulf Shores. Offering 2- and 3-bedroom residences with wrap-around balconies, Compass Point delivers the best of both worlds: on-site boating with a private boat ramp, slips, and fishing pier on the lagoon, indoor heated and outdoor pools, private sandy lagoon beach, plus deeded Gulf beach access just across West Beach Boulevard.

Compass Point in Gulf Shores
1516 Sandpiper Lane, AL

Compass Point Real Estate

Ranked Among Coastal Alabama’s Most Coveted Communities

Active Inventory 4 Condos for Sale Updated live from MLS feed
Price Range $410,000 – $550,000 Residences & penthouses
Beach Access Yes - lagoon beach on-site plus deeded Gulf beach access across street Minutes to Gulf beaches
Rental Income Potential $18K–$24K (1BR) Proven vacation rental track record
Browse 4 Active Listings Call/Text Dave Davis
Real-Time MLS Inventory

Current Condos for Sale in Compass Point 4 Active Listings

Sorted by Price (High to Low)
1516 Sandpiper Lane #209 Active 109 DOM 📷 44 Photos
$550,000 $441 / sqft
1516 Sandpiper Lane #209
Gulf Shores, AL · MLS #396611
🛏️ 3 Beds
🛁 2 Baths
📐 1,248 Sq Ft
📅 1985

Fully updated waterfront condo on Little Lagoon in Gulf Shores offering two private porches with stunning water views and coastal breezes. This turnkey condo features new LVP floor…

1516 Sandpiper Lane #207 Active 175 DOM 📷 35 Photos
$450,000 $381 / sqft
1516 Sandpiper Lane #207
Gulf Shores, AL · MLS #393187
🛏️ 3 Beds
🛁 2 Baths
📐 1,180 Sq Ft
📅 1985

Welcome to Compass Point Unit 207, a rare three bedroom, two bathroom condo on the shores of Little Lagoon in Gulf Shores. Enjoy breathtaking sunsets from your private balcony, whi…

1516 Sandpiper Lane #405 Active 162 DOM 📷 89 Photos
$445,000 $486 / sqft
1516 Sandpiper Lane #405
Gulf Shores, AL · MLS #393925
🛏️ 2 Beds
🛁 2 Baths
📐 916 Sq Ft
📅 1985

Discover Gulf Shores at its finest at Compass Point on Little Lagoon. With one of the best locations in the building, this updated fourth-floor waterfront residence captures inspir…

1516 Sandpiper Lane #APT 504 Active 13 DOM 📷 38 Photos
$410,000 $524 / sqft
1516 Sandpiper Lane #APT 504
Gulf Shores, AL · MLS #409284
🛏️ 1 Beds
🛁 1 Baths
📐 782 Sq Ft
📅 1985

If feeling like being on a cruise ship in a beautiful lagoon and watching the sunset sounds good to you, this is the place for you! From the moment you step into this 5th floor, 1B…

Watching for New Compass Point Listings?

Inventory along the Alabama Gulf Coast moves fast. Tell us what size, view, or price range you are watching, and we’ll alert you the moment a new property hits the MLS feed.

Living in Compass Point: Coastal Comfort & Lifestyle

Compass Point is a premier 56-unit waterfront condominium complex situated on Sandpiper Lane along the shores of Little Lagoon in Gulf Shores. Offering 2- and 3-bedroom residences with wrap-around balconies, Compass Point delivers the best of both worlds: on-site boating with a private boat ramp, slips, and fishing pier on the lagoon, indoor heated and outdoor pools, private sandy lagoon beach, plus deeded Gulf beach access just across West Beach Boulevard.

"Before writing an offer in Compass Point, we help buyers verify HOA financials, true rental performance, insurance realities, and recent comparable sales."

Dave Davis · Big Beach AL Team

Whether you are seeking a full-time residence, a coastal second home, or a high-performing vacation rental property, our local team provides the unvarnished data you need to make a confident decision.

Community Features & Amenities

🏊
Heated indoor pool
🏊
outdoor lagoon-front pool
🏖️
private sandy beach on Little Lagoon
🛥️
private boat launch & boat slips
🎣
lighted fishing pier with fish cleaning station
✨
kayak & paddleboard storage

Frequently Asked Questions About Compass Point

What is the estimated rental income for Compass Point?

Depending on unit size and floor plan, Compass Point condos typically generate $18K–$24K (1BR) | $25.5K–$34.5K (2BR) | $34K–$46K (3BR) typical gross. Actual revenue varies based on property condition, interior upgrades, and owner usage.

Are Compass Point condos good for short-term rentals?

Compass Point rental rules are listed as: Yes. Always verify current HOA and city rules before making an offer.

Is Compass Point beachfront?

Yes - lagoon beach on-site plus deeded Gulf beach access across street

What should buyers check before buying at Compass Point?

Review HOA dues, master insurance policy, rental restrictions, reserve funding, recent assessments, building condition, and comparable rental performance before writing an offer.

Helpful Guides for Compass Point Buyers

Use these local resources to compare Compass Point against nearby beaches, dining, financing, relocation, and lifestyle factors.

Beach & Waterfront Guide Compare public beach access, state park beaches, lagoons, trails, and waterfront lifestyle notes. Dining Guide Local restaurants, casual seafood spots, brunch, waterfront dining, and where buyers actually eat. Relocation Guide Taxes, insurance, hurricane planning, school notes, and out-of-state buyer timelines. Mortgage & Financing Loan strategy, second-home financing, investment-property numbers, and payment planning.

Compare Similar Gulf Shores Communities

Buyers evaluating Compass Point frequently tour these neighboring properties:

Gulf Shores PlantationThe Beach ClubThe DunesThe IndiesThe RookeryFort Morgan Townhomes

Active MLS Listing

Property Address

Property photo

Property Overview

Listing Price $0
Call / Text Dave Davis

Compass Point Listing Alerts

Get notified the second a new property is listed in Compass Point. Zero spam, unsubscribe anytime.

Meet the Experts

We didn't just move here - we built our lives here. And now we help other families do the same.

Kelly Davis
Team Lead

Kelly Davis

Associate Broker & Team Lead

Kelly is the heart and engine of Big Beach AL Team. She pairs coastal market knowledge with creative marketing and helps buyers and sellers make confident moves on the Gulf Coast.

Book a Call Email Kelly
Dave Davis
The Numbers Guy

Dave Davis

Lending Specialist & Realtor

Dave brings the financing brain to the table, helping buyers understand payments, carrying costs, rental projections, and the real numbers behind a beach property before they write an offer.

Book a Call Email Dave
Kerri Nicketta
Buyer's Agent

Kerri Nicketta

Expert Buyer Specialist & Lead Buyer's Agent

Kerri is the team's go-getter for showings, tours, and buyer follow-through. She keeps the process moving and helps clients compare properties with clear, on-the-ground context.

Book a Call Email Kerri