If you are going to Panama City this year this is the best deal going.
There is a sailing boat that departs from the downtown marina. It is Captained by this old guy that really loves what he is doing, he is definitely not in it for the money. We have used him twice. Last summer we did the sunset sail and last week we went on his full day trip to Shell Island. It was absolutely incredible. He charged us only $33.00 per person for a private trip it included everything from Continental Breakfast in the morning, Lunch in the afternoon and all our beverages (beer and wine too!!!) He has got to be crazy at those prices. We did tip him well we felt really guilty at those prices....He will not go in marginal weather which guarantees you of a great day to be on the water and beach.
He gave me one of his business cards and he has a website:
http://romanticsailingadventures.com
Hope I turned you on to a good time..
LitlBikiniLine

Wow...I checked out the website....that looks like an excellent idea....thanks for the info!!!!:D