Don't know about the lowriding, most likey not a lot going on as far a lowriding but the street by the beach get's packed, there are also quite a few red necks there so you never know.. I go on vacation there, it's nice place to be. Has some badass beaches and a lot of women running around. Even if your married it's cool palce, but it's pretty hot and humid as all of Florida is..
I go and visit my family in Ft. Walton twice a year. Its just a ways from Panama City. I dont see many lows, it seems the big rim thing is the style down there. Like Homie Stylin said the beaches are nice. Watch for sharks.hahaha