Related Group has submitted plans for the 15-story Icon Residences in North Miami, according to Biscayne Times.
Icon Residences North Miami is proposed to have just 54 condo units.
Prices would average $4.6 million.
The White House Inn at the entrance to the Broad Causeway would be demolished to make way for the new tower, if the city approves.
Related is currently lobbying the city for a height increase to allow the tower. The total height to the top of the mechanical area is 184 feet.
A supermajority of four out of five councilmembers will be needed to approve the project, and some neighbors are opposed while others are in favor.
Related is also in the process of buying out the four-story Mariner’s Bay condo building nearby, and has already secured most units there, the newspaper reported.