The victim and his family were visiting the Marisol Condominiums when the accident happened around 4 p.m. Saturday, WJHG-TV reported.
Panama City Beach police and rescue units responded to the emergency call.
The boy was rushed to the Bay Medical Center, where he later died, according to WJHG.
It’s unclear what the circumstances were on the balcony or how the child fell from the building.
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