New Developments · March 15, 2026
Ella Miami Beach: 70% Sold and Topped Off — Last Units Under $600K Available
Ella Miami Beach has reached its full height and 70% of residences are sold. The boutique project in North Beach Town Center offers the last remaining units under $600,000 in Miami Beach — with 2-day minimum rentals and rooftop amenities.
By Condo Invest Miami Research · Editorial & market research · 5 min read
Ella Miami Beach: A Milestone Moment
Ella Miami Beach has topped off — a clear shift from promise to deliverable product. With 70% of its residences sold and construction topped off, the boutique project in North Beach Town Center is moving into its final sales phase.
Tighten your watchlists. The topping-off creates urgency: the remaining 30% of inventory will not last long, and the last units under $600,000 in Miami Beach offer some of the clearest near-term upside for buyers and short-term rental investors.
The Ella Formula
Ella Miami Beach was designed as a dual-purpose asset — a luxury beach home that also performs as a high-demand rental investment. The project's key differentiators:
Short-Term Rental Friendly: Ella allows rentals with a 2-day minimum — one of the most flexible rental policies in Miami Beach. That flexibility boosts rental income potential and makes the building highly attractive to Airbnb and VRBO operators.
Steps from the Ocean: The building's location in North Beach Town Center places residents within walking distance of the Atlantic Ocean — a proximity that drives both lifestyle value and stronger rental demand.
Rooftop Amenities: The rooftop includes a pool, pickleball court, and wellness spa — amenities usually reserved for much larger, more expensive buildings.
Entry-Level Pricing: With the last remaining studios priced under $600,000, Ella provides the lowest entry point for new construction in Miami Beach — a market where the average condo price has crossed $1.2M.
The Investment Math
For investors, Ella's mix of short-term rental flexibility and entry-level pricing creates a compelling return profile:
Metric · Detail
--- · ---
Entry price · From $550,000
Estimated gross rental yield · 6–8% annually
Minimum rental period · 2 days
Airbnb occupancy (North Beach) · ~72% average
Estimated annual rental income · $33,000–$44,000
With these metrics, Ella's studios can produce positive cash flow even with a mortgage — a rare outcome in Miami Beach's luxury market.
North Beach Town Center: The Neighborhood
North Beach Town Center ranks among Miami Beach's most actively developing neighborhoods. The City of Miami Beach has invested significantly in the area's public infrastructure, and a wave of new restaurants, shops, and cultural venues has followed. The neighborhood delivers the Miami Beach lifestyle at a fraction of the South Beach premium — a practical value proposition more buyers and investors now recognize.
Contact our team for current pricing and availability at Ella Miami Beach. The last units under $600,000 will not remain available for long.