The forecast for Fred looks fairly stable. Right now, Fred is highly disorganized, and passing along Cuba's axis, but the storm should start strengthening once it reaches the Gulf of Mexico. There will be heavy rain in the Keys, and the Florida coast near Naples. The forecast storm track has been shifted west, which will give some breathing room for Tampa when it passes by on Sunday. Tampa should be all right - some rain, but no flooding. Landfall of the storm should be near Pensacola. Alabama and Georgia will get impacts too.
There is a new storm that should follow Fred's path along Cuba. The storm will likely be called Grace. It too will cross the Keys and reach the Gulf of Mexico, on Thursday next week, but right now it looks like it won't follow Fred's path, but instead head into the central Gulf of Mexico, perhaps heading to Texas.