is panama city beach on eastern time
In what time zone is Panama City, Fla. located? Quick Answer. Panama City, Fla. is located in the Eastern Standard Time zone. In the United States, the Eastern Standard Time zone is the Greenwich Mean Time, or Universal Time, minus five hours. Continue Reading. Panama City, Florida Panama City, Florida. Not to be confused with Panama City, Panama or Panama City Beach, Florida. Panama City is a city and the county seat of Bay County, Florida, United States. Located along U.S. Route 98, it is the largest city between Tallahassee and Pensacola. It is the more populated of two principal cities of the Panama City-Lynn Haven, Florida Metropolitan Statistical Area.