Miami , Florida ( CNN ) -- What was Hurricane Karl was losing its punch in Mexico Friday , while Category 2 Hurricane Igor turned toward Bermuda , which is bracing for landfall late Sunday . A third hurricane in the Atlantic Ocean , Julia , continued to sputter , forecasters said . Karl 's eye came ashore just north of the city of Veracruz , Mexico , around 11:30 a.m. ( 12:30 p.m . ET ) Friday . Karl was gradually downgraded to a tropical storm , with 70 mph ( 115 kph ) winds at 8 p.m . ET , according to the U.S. National Hurricane Center . The storm 's biggest threat may come from torrential rainfall . Some areas may receive between 5 to 10 inches , with isolated amounts of 15 inches possible . At least 3,000 homes in central Mexico were damaged when Karl came ashore , the state-run Notimex news agency reported . The Hurricane Center said the storm is expected to weaken to a tropical depression soon and dissipate over the mountains of Mexico on Sunday . Some local flooding was reported , the Mexican Interior Ministry said . The Mexican government canceled all coastal warnings and watches . Meanwhile , the two other hurricanes in the tropical trio churned in the open Atlantic Ocean . A storm system south of the Cape Verde Islands has a 10 percent chance of becoming a tropical cyclone , forecasters said . At 8 p.m. ( 7 p.m . ET ) , Hurricane Igor , downgraded to Category 2 , had maximum sustained winds near 105 mph ( 165 kph ) . It was moving toward the northwest at 10 mph ( 17 kph ) , but forecasters said its forward speed and strength are expected to increase in the next couple of days , followed by gradual weakening . Igor was about 600 miles ( 965 kilometers ) south-southeast of Bermuda . A hurricane warning was in effect for the island , which was already feeling effects from the storm , the Hurricane Center said . The United Kingdom 's Foreign and Commonwealth Office called Igor a `` dangerous '' storm and said Bermudan authorities are making appropriate plans for its arrival late Sunday or early Monday . British nationals are getting updated travel advice . Home Affairs Minister David Burch warned island residents to be ready for storm surge and high winds . `` It is my sincere hope that you and your families take the remainder of today to finalize your hurricane preparations , by securing your homes , your property and ensuring that you have adequate supplies , '' he said . Officials expect to close the main airport Saturday . A British frigate will be stationed offshore , ready to offer any assistance . Large swells generated by Igor will continue to affect the Leeward Islands , Puerto Rico , Hispaniola , the Bahamas and the Virgin Islands , according to the weather agency . These swells are expected to cause dangerous surf- and rip-current conditions in Bermuda over the next several days . The swells will reach the eastern coast of the United States , including Florida , on Friday and continue through the weekend , possibly causing rip currents . In the far eastern Atlantic , Category 1 Hurricane Julia continued to weaken . As of 5 p.m. ( 4 p.m . ET ) , Julia 's maximum sustained winds were 75 mph ( 120 kph ) . The storm was moving west-northwest at about 18 mph ( 30 kph ) . The storm 's center was about 1,525 miles ( 2,450 kilometers ) southwest of the Azores Islands .
NEW : Karl is downgraded to a tropical storm . - The JTWC reports that Tropical Storm Karl has weakened into a weak tropical depression and the JMA downgrades it back to a tropical storm. Bermuda taking Igor seriously ; warning issued .