By CNN Meteorologist Briana Waxman

(CNN) — There’s growing concern for another significant rain and flooding event this week, this time along the Gulf Coast, from what could become the Atlantic basin’s next tropical system.

The potential storm’s flood threat is just the latest in what has been a summer full of deadly and devastating floods .

The would-be storm was a broad area of showers and thunderstorms near the Florida Panhandle Wednesday afternoon. It’s expected to drift west into the Gulf by Thursday, where it has a medium chance of becoming a tropical depression, according to the National Hurricane Center.

If it can muster a more defined center of circulation and strengthen further it would become Tropical Storm Dexter, the fourth named storm of the Atlantic hurricane seas

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