- Alex Ovechkin bought a second condo near Miami for roughly $2.1 million
- The new unit sits in the same building as the $1.9 million condo he bought in 2016
- Read below for the details and the flooded-apartment lawsuit behind the move
Alex Ovechkin is stacking up real estate in South Florida.
The Russian outlet RIA Novosti reports that the Capitals captain recently bought a new condominium near Miami for about $2.1 million, per RMNB. The unit sits in the same building where he picked up his first luxury condo for $1.9 million back in 2016.
His new place runs 2,390 square feet with four bedrooms, four full bathrooms, a guest bathroom and two parking spaces. Before moving in, Ovechkin swapped the flooring throughout for moisture-resistant tile.
That tile choice was not random.
Ovechkin just settled a years-long legal fight tied to his original apartment in the building. He has owned that first unit, a 1,937-square-foot spot, for about a decade and often stayed there during offseasons and midseason breaks.
Things went sideways in 2019. A neighbor allegedly hooked a sink drain into the building’s main ventilation system and flooded his place. Ovechkin filed a $30,000 lawsuit over the damage, and both sides reportedly agreed to a settlement earlier this month. While the case dragged on, he rented the damaged condo out for $10,500 a month.
None of this is new territory for him. Ovechkin was asked about his real estate habits in 2024 and made no secret of treating property as an investment.
“Yes, [I invest in real estate],” Ovechkin said. “We bought an apartment in Miami four years ago. I have a house in Washington. And, in Russia, both for myself and for investments.”
The Capitals leaned into his life away from the rink as he heads into year 22:
Ovechkin owns other properties in the United States and Russia. He signed a one-year deal on July 2 to return for his 22nd NHL season, all of it with Washington.
Right now he is back in Russia getting ready for training camp, something he reminded fans of with a recent beer stop at a Moscow bar. Here is the word on his return:
