We spent February one year in Panama and the weather was absolutely beautiful. Can't recommend a specific place, as we were on the move from one coast to the other.
Boquete in the mountains is beautiful and has many ex pats living there. However, we were told it never gets hot, varying from 55 F to around 80 F.
The locals were very friendly and overall happy (photo is on the bus from David to Boquete). I'd go back!
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