I think the best time of year to visit Panama City, Florida is May. That is when all of the spring break stuff is cleaned up and before the people from the north invade for summer.

While you are in Panama City BE A KID! There are lots of fun/silly things to do. Go race go-carts. Play a round of putt-putt. Get lost in the Grand Maze at Coco Walk. Swim with the dolphins at Golf World. Take a boat to Shell Island. AND look for aligators at St. Andrews State Park.