Since it's a once in a year occasion that a TD forms over the Southeast US. I'm going to post the NHC graphic. Yes, a 20% chance of tropical development from an overland system.
And while I'm posting things that are strange. NHC did run the basic tropical models on the remnants of TD5. It generated one 6 or 12 hour period with 15 kt winds and the models dissipated XTD 5.

I don't think it's going to go away that easy. Kind of in a cutoff low situation. Canadian model takes it well offshore and down to 1005 mb. Which probably isn't much lower than it is right now.