A depression near Bermuda has very little chance of developing into a tropical storm – meaning Floridians can breathe a little easier even as they brace for the impacts of Hurricane Milton.

The system – which would be called Nadine if it developed into a tropical storm – is bringing thunderstorms and heavy rain to waters about 300 miles southwest of Bermuda and has a 20% to 40% chance of developing into a cyclone.

However, meteorologists at the National Hurricane Center (NHC) estimate there is a 30% chance of the hurricane developing further over the next 48 hours – and say the chance is getting smaller by the hour.

“Winds in the upper levels are expected to become too strong to develop further tonight or into Thursday,” NHC said in its report on Wednesday at 2 p.m.

Even if the storm develops into Nadine, Americans on land have little to worry about – the system is moving east and heading straight into the Atlantic Ocean.

“It goes right out to sea, it wouldn’t affect anyone,” Fox Weather meteorologists told The Post.

The news will surely be a sigh of relief for Americans still reeling from the devastation wrought by Hurricane Helene in the South in late September.

Entire communities in the Appalachian Mountains were inundated as heavy rains triggered catastrophic flooding. At least 230 people were confirmed to have been killed by the storm.

Almost exactly two weeks later, Florida is battling Hurricane Milton, one of the strongest hurricanes ever to form in the Gulf.

Milton is expected to hit Florida late Wednesday evening or early Thursday, with current forecasts indicating it will hit south of Tampa Bay.

But forecasters warn that the storm could still hit Tampa itself – which would be devastating for the low-lying city as storm surges of up to 13 feet could flood streets.