The depression's maximum sustained winds Tuesday morning are near 35 mph (55 kph).
A tropical storm watch is in effect for Florida's east coast from Fort Pierce to Flagler Beach. The depression is centered about 95 miles (155 kilometers) southeast of Cape Canaveral, Florida. It's been nearly stationary over the last few hours but a northwestward motion is expected to begin later in the day.
Meanwhile in the Pacific, Tropical Storm Elida is meandering off Mexico's southwestern coast. Elida's maximum sustained winds are near 50 mph (85 kph) with some weakening forecast.
A tropical storm warning is effect for Mexico's coast from Lazaro Cardenas to Cabo Corrientes.