The system became "Tropical Depression 14" on Saturday and is expected to develop into a "near major hurricane," the National Hurricane Center said.

The storm is forecast to strengthen and bring the risk of life-threatening impacts to portions of Florida’s West Coast next week, with hurricane and storm-surge watches likely being in effect Sunday.

In the wake of Hurricane Helene, ABC News' "Good Morning America" is set to provide five days of special coverage titled "Southeast Strong: Help After Helene" (#SoutheastStrongABC), spotlighting communities across the Southeast impacted by Hurricane Helene and the urgent efforts to help them recover.

Helene is now the fourth deadliest hurricane to make landfall in the U.S. mainland since 1950 and the deadliest since Katrina in 2005.

Tens of thousands of residents, most in Western North Carolina, also remained without running water as the area struggles to recover.