Streets Of Panama is an unreleased track believed to have been recorded in 2005, at either Paisley Park Studios in Chanhassen, Minnesota, or 3121 Antelo Rd. in Los Angeles, California. The track was included as the third track on a late 2005 configuration of 3121, but it was removed as the album underwent some changes before release. Nothing else is known about the track.
The title is believed to refer to Panama City, the capital city of Panama. Prince spent some time there in June 2005, and recorded percussion overdubs on Te Amo Corazón at Insomnio Studios, Panama City, Panama. It is possible this track was also recorded there, but this is unverified; it may simply have been inspired by his visit to the city. Clare Fischer recorded orchestration for it in late June 2005 at Capitol Studios, Hollywood, California