ST. PETERSBURG, Fla. - Tropical Depression #16 has formed in the southwestern Caribbean and by this weekend, the system is expected to move into the Gulf of Mexico and track north as likely a tropical storm.

As of 11 p.m., the storm was moving northwest at 6 mph with 35 mph winds. The storm was about 95 miles south, southeast of Puerto Cabezas, Nicaragua.

A hurricane watch is in effect from Punta Herrero to Cabo Catoche, Mexico. A tropical storm warning has been issued from Sandy Bay Sirpi, Nicaragua to Punta Castilla, Honduras.

There remains some degree of uncertainty in where it tracks, but the general area of concern will be between Louisiana and the Florida Panhandle. The storm will likely be a strong tropical storm or a weak hurricane as it approaches the coast Saturday night into Sunday morning.

Everyone along the Central Gulf Coast should keep a close eye on the latest forecast as this storms develops over the next couple of days. Heavy rain, storm surge and strong winds will all be threats associated with this system.