The National Hurricane Center is closely monitoring a possible tropical or subtropical system developing off the Southeast U.S. coast, with increased chances for formation as the Fourth of July approaches. Residents in areas such as Tampa Bay, Jacksonville, and Sarasota should prepare for a rainy holiday weekend, as significant rainfall is expected. Forecasters have warned that this tropical system could lead to flooding, raising concerns for outdoor celebrations. With a 40% probability of tropical development, the situation remains fluid, emphasizing the need for vigilance as the weekend nears.