1504 SE 20th Street Discover this exceptional Gulf Access, SOUTHERN exposure heated pool home located in desirable Southeast Cape Coral. Perfectly positioned on a wide 120' canal with only one bridge to the Gulf, this property offers an ideal combination of boating access and waterfront living. One of the standout advantages is that FEMA does not currently require flood insurance at this location, creating significant savings and adding to the home's long-term resale appeal. The property sits on an oversized 145' deep lot, giving you a spacious backyard that's perfect for entertaining, relaxing, or enjoying the Florida sunshine. Offered turnkey, this home comes fully equipped with everything you need, whether you're looking for a personal retreat or a ready-to-go vacation rental investment. Inside, you'll find three bedrooms, two full bathrooms, and a convenient half bath located right off the pool area which is ideal for guests and seamless indoor/outdoor living. Currently operating as a successful short term rental, this home gives you the flexibility to continue generating revenue or move in and enjoy it yourself. Recent updates include New Flooring, 2018 roof and A/C, along with a newer pool heater and pool cage, providing added peace of mind. Whether you're searching for a waterfront lifestyle, a smart investment, or both, this property is an incredible opportunity.