As of the Saturday, 11 a.m. advisory from the National Hurricane Center, Franklin has strengthened into a category 1 hurricane with sustained winds at 75mph, moving NNW at 7mph. 

Franklin will strengthen even more over the next several days as it moves into an area with less shear and warmer waters. It is forecast to become a major hurricane early next week before weakening midweek. 
The hurricane is going to run almost parallel to the east coast, staying far enough offshore that it won’t be an issue for the US. 
It is no threat to SWFL. 

What we will be tracking for a threat to SWFL will be this area of low pressure near the Yucatan Peninsula. 

It is continuing to become better organized and is forecast to become a tropical depression in the next day or two as it moves north into the eastern Gulf.  

For a more detailed breakdown of the impacts that we could see here in SWFL click here.

We have two other areas in the Atlantic that we are tracking. 

The first is an area of disorganized showers and storms with an area of broad low pressure in the mid Atlantic. 
Enviornmental conditions will improve over the next few days and a tropical depression could form as early as next week as it moves into the central subtropical Atlantic. 
The second area is a tropical wave that is forecast to move off of the west coast of Africa early next week.  It will be a slow mover, pushing west through the Atlantic. 
Just something to watch and not a threat to SWFL.