1504 NE 2nd Terrace 3-bedroom, 2-bath, 2-car garage pool home set on a wide freshwater canal with southern rear exposure, city water and sewer in and paid, and no flood insurance required (Zone X). Offering nearly 1, 600 square feet under air, this home features a great room layout with a floor plan that lends itself well to reimagining and customization. Double-door entry opens into a spacious great room with tile flooring throughout the main living areas and carpeted bedrooms. Triple pocket sliders connect the living space to the lanai, while the kitchen includes a breakfast bar and a separate nook with double sliders leading outside. An inside laundry room adds functionality, and the primary bedroom also provides direct access to the lanai and pool area. Outdoor living is a major highlight. A large freeform saltwater pool with a rock waterfall feature is surrounded by an expansive paver deck that complements a generously sized covered lanai of approximately 561 square feet. The outdoor kitchen with built-in grill and an outdoor fireplace create an inviting setting for entertaining or relaxing year-round. Southern rear exposure provides excellent natural light and sun over the pool throughout the day. Waterfront positioning enhances the setting, with access to a wide canal system leading to Shamrock Lake. The large concrete dock offers a great spot for fishing, kayaking, or enjoying the water views. Solar panels are in place, offering large energy-efficiency benefits, and a newer shingle roof was installed in 2022. Location adds everyday convenience. Burton Memorial Park sits just one street over and features little league baseball fields, a basketball and pickle ball court, large playground and picnic areas. Cape Coral Hospital is approximately 1.4 miles away, Hunters Run Golf Course is 3.7 miles from home, and Sun Splash Waterpark, Lake Kennedy Community Park, and the Courts of Cape Coral-with tennis and pickleball facilities-are all within 3.4 miles. Quick access to Del Prado Blvd, Pine Island Rd, and Fort Myers keeps shopping, dining, and commuting easily accessible. With a desirable waterfront setting, generous outdoor living space, and a flexible layout, this property presents a solid opportunity for buyers looking to create value in a well-located Cape Coral neighborhood.