Neighborhood · Longboat Key, Florida
Dream Island
Waterfront island living on Longboat Key's north end
2
Homes for sale
$949,450
Median list price
$682
Avg price / sqft
55
Median days on market
Dream Island sits on the northern stretch of Longboat Key, a small canal-laced neighborhood where boat access and Gulf-Coast quiet are the whole point. It shares its corner of the island with pockets like Sleepy Lagoon and Long Beach, and buyers here tend to want single-family homes near the water rather than the high-rise condo life farther south. Pool decks and dock lines define the day-to-day.
The market is intentionally thin — just two active listings right now, both clustered tightly around $949,000. Over the past year only three homes sold, at a median of $935,000, and sellers averaged 85% of asking, so there's real room to negotiate if you're patient. With a median 55 days on market, this isn't a bidding-war neighborhood; it rewards buyers who know exactly what waterfront features they want, whether that's the deeper canals near Emerald Harbor or the boating setup of Country Club Shores.
Dream Island is a community in Longboat Key, Florida.
Quick facts
$949,000 – $950K price range
1,401 sqft median home
$2,190/mo median HOA
$11,500/mo median rent
3 sold in 12 months
On the market now
Homes for sale in Dream Island
$949,900
615 DREAM ISLAND PLACE UNIT 210, LONGBOAT KEY
2 bd · 2 ba · 1,509 sqft
$949,000$995,000
615 DREAM ISLAND PLACE UNIT 105, LONGBOAT KEY
2 bd · 2 ba · 1,293 sqft
Every active listing inside the Dream Island boundary
Open full map search →Find your fit
Browse Dream Island
By feature — on the live map
The numbers that matter
The Dream Island market
3
Sold, last 12 months
$935,000
Median sold price
85%
Sale-to-list ratio
What sellers actually get vs asking
99 days
Median time to sell
Dream Island vs Longboat Key
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 65.1% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Dream Island boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Dream Island is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Dream Island home
≈ $8,081/mo
$949,450 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$2,190/mo
Median HOA
From current listings inside the boundary
$11,500/mo
Median rent
Homes for rent inside the boundary
Population
41
Median age
70
Median income
$117,267
Median home value
$652,300
Beyond the listings
Living in Dream Island
Lifestyles
Top 15% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Food & Drink
Top 17% in the U.S.Trendy Eats
Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.
Relationships
Top 18% in the U.S.Love & Romance
Love is in the air when this population is present. Includes people expressing their feelings for significant others in special ways. Common activities include anniversaries and date nights.
Hobbies & Interests
Wanderlust
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Beliefs
Local Engagement
These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.
Culture
Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Straight answers
Dream Island FAQs
Is Dream Island a good place to live?+
It's a small, water-oriented neighborhood on the north end of Longboat Key, ideal if you want a single-family home with dock and pool access rather than condo living. Both current listings have pools and one is waterfront, which is typical of the area's appeal. Assigned schools include Anna Maria Elementary, Martha B. King Middle, and Bayshore High School.
Is Dream Island expensive?+
Yes — it's a premium Gulf-Coast island market, with both active homes listed right around $949,000 and an average of $682 per square foot. That said, homes here sold at a median of $935,000 over the past year, and sellers took about 85% of asking, so the effective entry point can land below the list.
What do homes cost in Dream Island?+
The two active listings sit in a narrow band from $949,000 to $949,900, with a median list of $949,450 on a median home size of 1,401 square feet. Compared to nearby Country Club Shores, pricing here is concentrated rather than spread across many options.
How is the market in Dream Island?+
It's a low-volume, patient market — just three homes sold in the last 12 months and two active today, with a median 55 days on market. Because sellers averaged 85% of asking, buyers who wait for the right home have genuine negotiating leverage.
What about HOA fees and property taxes?+
Expect a median HOA of about $2,190 per month and median annual property taxes near $8,148. Those carrying costs are meaningful, so factor them into your budget alongside the roughly $935,000 median sold price.
Keep exploring
More Longboat Key neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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