As of the 4 p.m. advisory, Sara was a weakening tropical depression straddling the area between Mexico and Guatemala, according to the National Hurricane Center. The system is expected to move into the Gulf of Mexico in the next day but will dissipate at that point.

Tropical Storm Sara formed this afternoon and threatens to bring "life-threatening and potentially catastrophic flash flooding and mudslides" to Honduras throughout the weekend, according to the latest update from the National Hurricane Center. A turn toward Florida is still possible, forecasters said.

Florida faces a widespread rainfall event midweek that stems from the combination of a strong frontal boundary and moisture from the leftovers of Tropical Storm Sara.