Legendary boat found in the middle of nearby pagoda (4)
I believe the answer is:
argo
'legendary boat' is the definition.
'argo' can be an answer for 'boat' (I've seen this before). I'm not certain of the 'legendary' bit.
'middle of nearby pagoda' is the wordplay.
'middle of' indicates the central letters.
'pagoda' becomes 'go' (I can't explain this - if you can you should give a lot more credence to this answer).
The middle letters of 'nearby' are 'ar'.
'ar'+'go'='ARGO'
'found in the' acts as a link.
Can you help me to learn more?
(Other definitions for argo that I've seen before include "Old ship" , "Ship Jason sailed to find the Golden Fleece" , "Jason's vessel" , "Ancient ship" , "Ship in which Jason searched for the Golden Fleece" .)