Flash Flood Watches continue thanks to heavy rain bands from Tropical Depression Nicholas.

The risk of flash flooding is expected to spread eastward along the Gulf coast from what was once Hurricane Nicholas.

There may still be a few stronger cells over the interior of the peninsula, favoring the Atlantic coast later Friday afternoon, but the threat of severe thunderstorms has lowered.

Two new tropical depressions are likely to form late this weekend or early next week in the western Gulf and eastern Atlantic.

Mindy is unlikely to be a significant threat, but impacts from newly formed tropical storm and Hurricane Larry well offshore are making their presence known.

Coastal residents will not deal with the direct effects of powerful Hurricane Larry in the Atlantic, but rip currents and swell will make conditions dangerous for swimmers. Meanwhile, another disturbance tracking into the Gulf has a chance of developing by midweek.

Larry is likely to become a major hurricane this weekend in the central Atlantic, but there are no tropical threats to Florida in the next five days.

The season's 12th named storm -- Tropical Storm Larry -- is expected to become a major hurricane, but it is forecast to stay over the open waters this holiday weekend.