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

Residential Property - Condominium in Longboat Key

Listing Price: $925,000 (Mortgage Calculator →)Days on Market: 41

Description of Property

New 2024 rental Numbers are in and gross projections are now $75,000 for 2024!!! (thats the first year in rental program, in the asis condition and at appx 60% tenant occupancy) Plus don’t forget about the deeded boat slip rental option of $9,600 annual (thats right, if your not using your deeded 40ft 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 and deeded 40ft boat slip. This is the one, Harbour Villa Club on the stunning bay shore of luxurious Longboat Key. This beautiful property offers breathtaking views of the glistening water and is situated in a prime location that is peaceful, serene, and truly one-of-a-kind. A true Longboat Key gem. Rare and sought-after Weekly rental allowance on Longboat Key with rental production, history, and future bookings in place (can be canceled if desired). As you step inside this warm and cozy condo, you'll be greeted by a spacious and open floor plan that is perfect for entertaining guests or simply relaxing in style. The living area is bathed in natural light, thanks to the open plan, high ceilings, and large sliders that offer stunning views of the Bay, the Intercoastal Waterway, glistening pool waters, and the protected Sister Keys. The kitchen has ample counter space, and plenty of creative storage along 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, and 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 and use. Located within a short distance of nearby popular beaches, restaurants, clubs, and parks and just a short drive to St. Armands Circle, Anna Maria Island, and Downtown Sarasota. This property is more than just a waterfront condo. it's a lifestyle. So why wait? Come see for yourself!The average asking price for a 2 bedroom/2 bath condominium in this Zip code is $1,056,181. This condominium is listed at about 88% of the average asking price. There are 31 2 bedroom/2 bath homes between $800,000 and $1,200,000 currently listed for sale in this Zip code. See other listings like this one »