7724 Front Beach Road, Panama City Beach, FL 32407 (MLS# 781761)

7724 Front Beach Road, Panama City Beach, FL 32407

$1,875,000

Property Type: Commercial for Sale Square Footage: 9,113 Lot Size (sq. ft.): 76,230 Status: Pending

Current Price: $1,875,000 List Date: 11/17/2025 Last Modified: 4/18/2026

Overview

Description

Panama City Beach landmark, Mikato Restaurant. The 1.75 acre parcel is a prime location on the East end of Panama City Beach with C-3 General Commercial zoning, 15 units /acre density, building height up to 230′. almost 300′ of frontage on Front Beach Rd and 250′ on the Thomas Dr/Bay Point exit lane of Hwy 98. Daily traffic count is 25,200. The building is approx. 9,000 SF with seating capacity of 299

Listing Details MLS# 781761

Contract Info

List Price/SqFt: 205.75
Sub-Type: Other

Location

Area: 03 – Bay County – Beach
Street #: 7724
Street Name: Front Beach
Street Suffix: Road
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0320 – Beach – Middle Central
Business Name: Mikato
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 27868-060-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: 7724 Front Beach Rd near Hathaway Bridge and Hwy 98. Hwy 98 going East the Bay Point/Thomas Dr exit goes along the side of the restaurant. From Panama City go over Hathaway Bridge and follow Front Beach Rd. Restaurant is on the right.
Legal Description: 32 3S 15W -14.6- 57D COM AT NE COR OF ORIG LOT 4 TH W 818.56' SELY 402.8' NELY 55' SELY 175' NELY 135' FOR POB TH FOR POB TH NELY 238.25' N 261.65' SWLY 315.46' SELY 250' TO POB SUBJ TO ESMT ORB 1445 P 1535 ORB 1878 P 1058 ORB 4643 P 1548

General Property Info

List Class: Bar/Restaurant
Construction Status: Construction Complete
# of Stories in Building: Yes
Acreage: 1.75
SqFt Tot Bldg: 9113
Year Built: 1985

Status Change Info

Under Contract Date: 2026-04-16

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Panama City Beach landmark, Mikato Restaurant. The 1.75 acre parcel is a prime location on the East end of Panama City Beach with C-3 General Commercial zoning, 15 units /acre density, building height up to 230'. almost 300' of frontage on Front Beach Rd and 250' on the Thomas Dr/Bay Point exit lane of Hwy 98. Daily traffic count is 25,200. The building is approx. 9,000 SF with seating capacity of 299

More Information

Floors in Unit/Home

One: Yes

Listing Office: The Premier Property Group

Last Updated: April – 18 – 2026

Information deemed reliable but not guaranteed.