Miami Mayor Francis Suarez secured reelection Tuesday, coasting to what many considered an easy win in a race where he wielded significant fundraising and name-recognition advantages.

Suarez scored 79% of the vote with 67 of 145 precincts reporting at 7:35 p.m., capturing 18,255 of 22,966 votes tallied. While a commanding victory, the win falls short of his win in 2017, when he garnered a whopping 86% of the vote.

Challenger Max Martinez received 2,540 ballots cast in his favor, or about 11% of the total vote.

Five candidates vied for the city's top elected post: Suarez, a lawyer and former Miami Commissioner whose success in marketing Miami as a Wall Street-Silicon Valley hybrid, complete with its own cryptocurrency, helped earn him the 20th spot in Fortune Magazine's "World's Greatest Leaders" list; Martinez, a digital sports show and podcast producer; University of Miami student Marie Exantus, a former call center representative; Frank Pichel, a private investigator who was arrested in early October for impersonating a police officer; and mystery candidate Anthony Dutrow.

Exantus received about 4% of the vote. Dutrow got 3.6%. Pichel received 1.7%.

Suarez's war chest dwarfed those of his competitors, whose combined funds represented less than 1% of the record $5 million-plus his campaign and political committee, Miami for Everyone, raised.

Martinez, a first-time candidate, was the only one of Suarez's opponents to raise more than $700. As of Oct. 15, he'd added nearly $21,000 to his campaign coffers in grassroots donations.

He said Suarez has the "wrong priorities" for Miami and is distracted by two outside jobs and the minor celebrity he's garnered, which has seen him rub elbows with everyone from Elon Musk to former UFC champion Conor McGregor.

But Suarez has helped attract scores of international finance behemoths like Blackstone, SoftBank and CI Financial, tech companies like cryptocurrency exchange Blockchain.com and eToro, e-commerce business buyer Open Store, and several prominent seed investors to the city.

"I'd describe him as a visionary," said serial entrepreneur Jack Abraham, who with Founders Fund principal Delian Asparhouv signed leases on office space in Miami's booming Wynwood neighborhood.

Similar sentiments gave rise to talk of Suarez potentially running for President in 2024, a prospect the 44-year-old son of former Mayor and Miami-Dade Commissioner Xavier Suarez stopped short of embracing.

Martinez wasn't impressed and said the city's real needs, from addressing rising housing costs to reducing homelessness, weren't going to be met with cryptocurrency and big-money investors.

"No one asked for cryptocurrency," he told Florida Politics. "MiamiCoin, at its two-cent value, is not going to build affordable housing."

Despite having nearly every advantage in the election, Suarez, who took office in 2017, denied he was taking it easy.

"I work every day as if it's a very contested race," he said. "That's what helps it to not be contested, if that make sense."

The recent dustup around and eventual firing of his handpicked chief of police, Art Acevedo, whom Suarez did not defend until his termination was all but certain, drew sharp criticism from outspoken local figures and the Miami Herald Editorial Board.

Still, Martinez — who hit the streets for nearly a year to turn the tide in his favor — admitted he was a long-shot to win.