Alex Ovechkin has added to his real estate portfolio.
The Russian outlet RIA Novosti reports that the Washington Capitals captain recently purchased a new condominium near Miami for approximately $2.1 million, in the same building he bought his original luxury condo for $1.9 million in 2016.
The report says Ovechkin’s new residence spans 2,390 square feet and features four bedrooms, four full bathrooms, a guest bathroom, and two parking spaces. Ovechkin also replaced the flooring throughout the unit with moisture-resistant tile before moving in.
Ovechkin’s new purchase comes after he resolved a years-long legal dispute over his previous property in the building. The legendary goal scorer has owned that original apartment, a 1,937-square-foot property, for a decade, often vacationing there in the offseason or when the NHL pauses midseason for various events.
According to the report, a home-owning disaster struck in 2019 when a neighbor allegedly caused extensive water damage to Ovechkin’s apartment after incorrectly connecting a sink drain to the building’s main ventilation system.
Ovechkin filed a $30,000 lawsuit seeking compensation for the damage, and after the dispute lingered for years, both sides reportedly agreed to a settlement earlier this month. During the legal proceedings, Ovechkin rented out the damaged condo for $10,500 per month.
In addition to his two Florida condos, Ovechkin also owns other properties in the United States and in his native Russia.
“Yes, [I invest in real estate],” Ovechkin said in 2024. “[In Russia], of course. We bought an apartment in Miami four years ago. I have a house in Washington. If I had planned to live there, I would have invested and bought there. And, in Russia, both for myself and for investments.”
Ovechkin is currently back in Russia as he prepares for his 22nd season with the Capitals. On July 2, he signed a one-year contract to return to DC for the 2026-27 campaign. He’ll be back with the Caps when they open their training camp in the fall.
