$10,000
Panama City Beach, FL 32407
MLS# 782831
Status: Pending
10446 sqft
1 / 1
Property 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
Details
Maps
Contract Info
Lease Price/SqFt: 0.96
List Date: 2025-11-17
List Price: $10,000
Current Price: $10,000
Sub-Type: Other
Location
Sub Area: 0320 - Beach - Middle Central
Community/Resort: None
Waterfront: No
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.
Area: 03 - Bay County - Beach
Street #: 7724
Street Name: Front Beach
Street Suffix: Road
State: FL
Zip Code: 32407
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 27868-060-000
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
Site Dimensions: 265 x 250
Construction Status: Construction Complete
SqFt Unit: 9113
SqFt HVAC: 9113
# of Stories in Building: 1
Frontage Ft: 265
SqFt Tot Bldg: 10446
Lot Depth: 250
Lot SqFt: 76534
Year Built: 1985
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
Construction/Siding
Floor - Tile: 1
Foundation - Slab on Grade: 1
Roof - Tile/Slate: 1
Siding - Stucco: 1
Trim - Wood: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
Heat - Central Electric: 1
Water Heater - Gas: 1
Financing
Lease Option: 1
Lease Purchase: 1
Will Lease: 1
Present Zoning
General Commercial: 1
Utilities
Public Sewer - Connected: 1
Water Connected: 1
Accessibility Features
Accessible Entrance: 1
Accessible Full Bath: 1
Accessible Hallway(s): 1
Business/Property
Freestanding Building: 1
Handicapped Access: 1
Handicapped Facilities: 1
Kitchen Area: 1
Office Area: 1
Seating 200+: 1
Sign: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - Central: 1
AC - Entire: 1
AC - HVAC: 1
Heat - Central Electric: 1
Heat - HVAC: 1
Land
Property Type: Commercial
Offering Type
Sale or Lease: 1
Transport. Access
4-Lane: 1
Status Change Info
Status: Pending
Under Contract Date: 2026-04-16
Property Features
Accessibility Features: Accessible Entrance; Accessible Full Bath; Accessible Hallway(s)
Energy: AC - 2 or More; AC - Central Elect; Heat - Central Electric; Water Heater - Gas
Financing: Lease Option; Lease Purchase; Will Lease
Offering Type: Sale or Lease
Present Zoning: General Commercial
Utilities: Public Sewer - Connected; Water Connected
Listing Office: The Premier Property Group
Last Updated: May - 04 - 2026
Information deemed reliable but not guaranteed.