1507 LEGION LANE, Indian Rocks Beach, FL, 33785 | $460,000

Under contract-accepting backup offers. One or more photo(s) has been virtually staged. In a market where buyers are paralyzed by overhead and restrictions, 1507 Legion Lane offers a rare, high-performance pivot: an effortless, turn-key coastal cash-flow engine. Located in the highly sought-after, zero-HOA zone of Indian Rocks Beach, this efficient 2-bedroom block-construction home is expertly optimized for low-friction ownership. The footprint guarantees exceptionally low carrying costs, while modern mini-split AC units provide precise, room-by-room climate control for superior energy efficiency and guest comfort. Outside, the fenced, low-maintenance yard serves as a private extension of the living space, perfectly suited for operators offering a seamless "live like a local" experience. You are acquiring prime, bulletproof access—guests are just two blocks from the sugar sands of the Gulf, a half-mile stroll to vibrant local restaurants and breweries, and merely one block from the public fishing dock. Priced at $460, 000, this optimized asset is a clear, high-yield path for seasoned 1031-exchange investors and first-time coastal operators alike. No flooding or damage during Hurricane Helene! Pro-forma financial modeling and localized short-term rental revenue projections are available upon request.

Features

  • Rooms: 3
  • Bedrooms: 2
  • Baths: 1 full
  • Lot Size: 50 x 50
  • Laundry: Outside
  • Year Built: 1958
  • Garage: Driveway
  • Heating: Wall Units / Window Unit
  • Cooling: Mini-Split Unit(s)
  • Approx Sq. Feet: 552
  • Acreage: 0.06
  • Lot Size: 50 x 50
  • Est. Taxes: $4,723
  • Lot Desc: Private
  • View: Garden
  • Elem. School: Anona Elementary-PN
  • Middle School: Seminole Middle-PN
  • High School: Largo High-PN
  • Appliances: Cooktop, Dishwasher, Refrigerator
  • MLS#: TB8481251
  • Days on Market: 24 days
  • Website: https://www.raveis.com
    /prop/TB8481251/1507legionlane_indianrocksbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/2/2026 11:34:24 AM)
Listing courtesy of Redfin Corporation   Phone: 617-458-2883

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1507 LEGION LANE, Indian Rocks Beach, FL, 33785

$460,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $368,000 $368,000 $368,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.324% 6.524% 5.846%
Monthly Tax Payment $394 $394 $394
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,177 $2,296 $3,031
Total Monthly Payment $2,646 $2,765 $3,500

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.