More than an eye, its the center of circulation. It is just more visible since rainbands have wrapped around it. Fay will hold its TS status for a good while, especially over south florida. The question will be what happens next and where it happens,. Will it stall over water and strengthen? Will it head west into the Gulf again and develope or over land north of the gulf? Big questions with very inconsistent models. It would not be uncommon for Fay to redevelope in the Atl or Gulf. Erin exited north of Tampa as a 40mph TS and almost made it to Cat 2 before hitting again in Pensacola in 95. We still have a bit of watching to do yet. Most models agree on a stall and then westward turn. The question is where.