The US Tsunami Center later cancelled the alert but warned some parts of Honduras and Belize were still at risk from waves of up to a metre high, The Guardian reports.
The quake, which was felt across northern Central America, reportedly “rattled windows” in the Honduran capital of Tegucigalpa roughly 323 miles (519km) away from its epicentre.
Tremors were also felt as far north as the Mexican state of Quintana Roo.
No damage was immediately reported.
The Foreign Office (FCO) released a revised travel advisory for Honduras as well as a number of other destinations in the region including the British Virgin Islands, Jamaica, Cuba and Mexico.
The Honduras alert said: “Based on the preliminary earthquake parameters, hazardous tsunami waves are possible for coasts located within 1,000km of the earthquake epicentre.
“Persons located in threatened coastal areas should stay alert for information and follow instructions from national and local authorities.”