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About Panama City
Panama City is located in Bay County on the panhandle of northwest Florida along US Highway 98 on the Emerald Coast. Panama City borders the Gulf of Mexico and St. Andrews Bay, making it a popular vacation spot-especially among college students on spring break. Located 3 miles northwest is the Panama City-Bay County International Airport. According to CNN-Business 2.0 Magazine, Panama City was the #1 place to make a real estate investment in 2006.