20
Map
$999,990
↓ $6K (0.6%)
●
House -
For Sale
17524 MACARTHUR LOOP
VENICE, FL 34293
3 Beds
3 Baths,
1
Half Bath
2,868 Ft²
$5,291
Est. Monthly
$380
HOA / Fees
About This Property
Under Construction. Welcome home to the Jubilee model at Palmera in
Wellen Park, a stunning new construction home by M/I Homes situated
on a desirable corner homesite, offering 3 bedrooms, a den, 3
bathrooms, and nearly 3,000 sq. ft. of beautifully designed living
space. This open-concept layout features a spacious great room, a
gourmet kitchen with a large island, and a first-floor owner's
suite with a luxurious en-suite bath. Step outside to the oversized
42' x 13' lanai, perfect for outdoor entertaining, and enjoy the
convenience of a 3-car side-load garage. Palmera at Wellen Park
offers a wide array of resort-style amenities anchored by a
stunning, coastal-inspired clubhouse including a Golf Simulator,
Fitness Center, Pickleball Courts, Resort-Style Pool & Lap Lanes,
Splash Pad, Playground, Fireside Lounge, Gathering Lawn, and
On-Site Dining. Visit us today! Photos show a previous model; not
all features are the same.
Unit Size
2,868 Ft²
Days on Market
111 days
Land Size
0.26 acres
Price per sqft
$349
Property Type
House
Property Taxes
-
HOA Dues
$380
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 28 days ago (Stellar MLS #R4911687)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 13, 2026 | Price Decreased |
$999,990
↓ $6K
(0.6%) | |
| Price Decreased | |||
| Sep 2, 2026 | Price Increased |
$1,005,594
↑ $50K
(5.2%) | |
| Price Increased | |||
| Jul 21, 2026 | Listed by M/I HOMES SWFL, LLC | $955,594 | |
| Listed by M/I HOMES SWFL, LLC | |||
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: High Ceilings, Open Floorplan, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Primary Bedroom Main Floor
Appliances: Microwave, Range Hood, Washer
Flooring Type: Carpet, Epoxy
Laundry Features: Inside, Laundry Room
Rooms: 6
Exterior Details
Square Footage: 2868
Square Footage Source: $0
Property Condition: Under Construction
Year Built: 2026
Builder Name: M/I HOMES OF FT MYERS/ NAPLES
Builder Model: JUBILEE-A
Building Area Total: 4179
Levels: One
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Block, Stucco
Patio and Porch Features: Rear Porch
Lot Features: Corner Lot, Oversized Lot
Lot Size Area: 11344
Lot Size Units: Square Feet
Lot Size Acres: 0.26
Lot Size Square Feet: 11344
Tax Lot: 522
Water Source: Public
Financial Details
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Playground, Pool, Pickleball Court(s)
HOA Fee: $380
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Port
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Listed by: Danielle Calamela
M/I HOMES SWFL, LLC
Last Updated: 28 days ago
Data Source: Stellar MLS, MLS# R4911687
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
M/I HOMES SWFL, LLC
Last Updated: 28 days ago
Data Source: Stellar MLS, MLS# R4911687
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017