Listing Details for MLS #A4605764
615 Dream Island Place Unit 105, Longboat Key, Fl

Residential Property - Condominium in Longboat Key

Listing Price: $899,000 (Mortgage Calculator →)Days on Market: 231

Description of Property

VERY ATTRACTIVE NEW PRICE!!! One of the best buys on Longboat Key!! Stunning Harbour Villa Club, tucked away in a little pocket on Dream Island Rd on Beautiful North-End Longboat Key. This complex is positioned on a beautiful protected point overlooking stunning Sister Keys & Sarasota Bay. This special ground floor Condo (Yet Still 10+Ft above flood plain) with its soaring high ceilings & flowing floorplan provide stunning Bay views from almost every room. This open plan has split bedrooms with ensuite bathrooms and wet bar right of living space. Deeded 40ft Boat Slip right out your back door & within view from the condo. Plus SHORT TERM rental allowance! New 2024 rental numbers are in & gross production is now appx $75,000 for 2024!!! (that's the first year in the rental program, in the asis condition with appx 65% tenant occupancy) Plus don’t forget about that deeded boat slip. If you're not using it personally there is a rental potential of appx $9,600 annually (that's right, if you're not using your deeded 40 ft slip you can lease separately). These combined factors = Excellent return and flexibility on this outstanding condo and you can see why I call this absolutely the best opportunity currently available on Longboat Key! Short term rental allowance, huge bay views & 40ft boat slip this is a true Longboat Key gem. Harbour Villa Club on the stunning bay shore of luxurious Longboat Key. Rare & sought-after Weekly rental allowance on Longboat Key with rental production, history, & future bookings in place (can be canceled if desired). The kitchen has ample counter space with a snack bar flowing into dining and living spaces. The primary bedroom is designed with your comfort in mind, offering tremendous space, ample dual closets, lanai access, and unparalleled views of the water. The primary bathroom has beautiful tilework and a spacious shower. Entertain with ease with a built-in wet bar, perfect for any occasion. The secondary bedroom is ideal for a great flex space and/or full-time bedroom, depending on your needs. But perhaps the most impressive feature of this property is the large walk-out lanai. Stepping into this space you'll be greeted by stunning vistas of the water, pool & docks. Plus an extra sunbathing deck directly off this screened-in lanai. The lanai space does not end there, the large front lanai is unique to this specific condo and offers additional outdoor living space. For the boaters, this condo conveys deeded boat slip #14 which includes electric, water, and new composite decking. This slip is 40ft in length and can dock up to a 55'+/- vessel and is positioned just outside the unit, so rare. Slip can also be leased separately to units with similar slips averaging $800+/- per month. This community has mature tropical landscaping and grounds. Other amenities include a heated pool, hot tub, outdoor grill, kayak storage/launch, boat ramp, climate-controlled bicycle/locker storage, four tennis courts, two pickleball courts, and one covered parking space #33. This is one of the few Longboat Key communities that has the ability to rent on a weekly basis. This gives you options and flexibility to carve out your formula of ownership & use. Located within a short distance of nearby popular beaches, restaurants, clubs, & parks and just a short drive to St. Armands Circle, Anna Maria Island, & Downtown Sarasota. This property is more than just a waterfront condo. It's a lifestyle. So why wait? See it todayThe average asking price for a 2 bedroom/2 bath condominium in this Zip code is $982,690. This condominium is listed at about 91% of the average asking price. There are 12 2 bedroom/2 bath homes between $800,000 and $1,000,000 currently listed for sale in this Zip code. See other listings like this one »