Block 45 has been approved by the Federal Aviation Administration.
The agency granted approval for the tower to be built at a permanent height of 386 feet above ground, or 395 feet above sea level.
According to the application, construction will begin in March 2020 (later this month).
A 450-foot construction crane has also been approved for the site.
Block 45 will be a 36-story tower with 616 apartments and 24,981 square feet of retail. There will also be an 8-story garage with 637 parking spaces.
Across the street is 3 MiamiCentral, which will include a Publix Supermarket.
Also across the street is the Block 55 site, which will have a Target, Aldi, and hundreds of apartments.
Bermello Ajamil is the architect for Block 45.