Tropical Depression Three has formed in the southern Gulf of Mexico just north of the Yucatan Peninsula.
On Sunday morning, Tropical Depression Three was moving to the north at eight miles per hour. The tropical system had maximum winds of 35 miles per hour with gusts to 45 miles per hour.
Tropical Storm Warnings have been issued along Florida's west coastline stretching from south of Tampa to east of Panama City.
The official National Hurricane Center forecast calls for Tropical Depression Three to intensify to a tropical storm by Sunday evening. It would be named Colin.
After reaching tropical storm strength, it would then make landfall along the Big Bend region of Florida some time late Monday.
"The system is expected to bring heavy tropical rains to Florida's west coast over the next few days," said WLOX First Alert Meteorologist Wesley Williams. "No impacts will be felt in South Mississippi."
"In fact, if the system tracks to our east over the Big Bend region of Florida, that will pull in a north wind across our region which will help us to actually see a drier and less humid weather pattern later this week," Williams continued.
Tropical Depression Three began as a tropical wave in the southwest Caribbean Sea last week.