Several control strategies of the finite control set model predictive controls (FCS-MPC) have been proposed for power converters, such as predictive current control (PCC), direct predictive power control (DPPC), and predictive voltage control (PVC). However, for microgrid (MG) applications, the control strategy of the FCS-MPC for a power converter might be changed according to the operation mode of the MG system, which results in a transient response in the system voltage or current during the mode transition. This study proposes a new control strategy of FCS-MPC for use in both islanded and grid-connected operation modes of an MG system. Considering the characteristic of a synchronous generator, a direct phase angle and voltage amplitude model predictive control (PAC) of a power converter is proposed in this study for MG applications. In the islanded mode, the system frequency is directly controlled through the phase angle of the output voltage. In the grid-connected mode, a proportional-integral (PI) regulator is used to compensate for the phase angle and voltage amplitude of the power converter for constant power control. The phase angle of the system voltage can be easily adjusted for the synchronization process of an MG system. A comparison study on the proposed PAC method and existing predictive methods is carried out to show the effectiveness of the proposed method. The feasibility of the proposed PAC strategy is evaluated in a simulation-based system by using the MATLAB/Simulink environment.