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1.
A strikingly attractive person, usually a male. Possibly from the 1936 hit song: When My Dream Boat Comes Home , in which a girl who transports a man to the land of joy.
He's a dreamboat!!!...
by VAKI5 January 20, 2005
 
2.
A person who you could have an orgasm just looking at
See a picture of Matt Skiba
by Natilie December 29, 2003
 
3.
A rather sexy individual.
Neil Robert McEachern.

Lacey: "That Nizzle, what a Dream Boat."
Catie: "Golly gosh, he really is!"
Lacey: "I could go for a soda pop!"
Catie: "That would be keen!"
by Catherine Anne, Lacey Anne March 04, 2008
 
4.
A person whom you believe is perfect in every way.
Sarah- Michelle what are you staring at?!
Michelle- Oh my god, Anthony is such a dream boat. I would do anything to get in bed with that man.
Sarah- /sigh, I don't know what you see in him.
by Icniv Ocram July 31, 2008