Panama City sits along St. Andrews Bay on Florida's Gulf Coast, offering waterfront living with access to both bay and ocean activities. As the largest city between Tallahassee and Pensacola, it combines the conveniences of a mid-sized city with the charm of historic neighborhoods like St. Andrews and Millville. These areas feature apartment communities and townhomes with bay views and walkable streets. The downtown area features shops, restaurants, and cultural attractions.

Rental options in Panama City include historic homes and apartments, with average one-bedroom rents at $1,215 per month. The city's layout spans several areas connected by bridges, including the Bailey Bridge to the north and the Hathaway Bridge to the west, which connects to Panama City Beach. The Lynn Haven neighborhood features parks and residential streets, while downtown locations provide easy access to local amenities.

The local economy centers around Tyndall Air Force Base, Naval Support Activity Panama City, healthcare facilities, and manufacturing companies. Major roadways include 23rd Street and Highway 98 running east-west and Martin Luther King Boulevard and Highway 231 running north-south. Northwest Florida Beaches International Airport provides air travel options with multiple carrier choices.