NBA All-Star Victor Oladipo sells Miami Beach house
Oladipo bought the home for $7.8M in 2021, then a record for non-waterfront homes
NBA All-Star Victor Oladipo sold his Miami Beach home, two months after he was traded to the Oklahoma Thunder.
Records show Oladipo sold the house at 65 South Hibiscus Drive for $9 million, two years after dropping a then-record $7.8 million on the non-waterfront home.
Liz Hogan of Compass had the listing, and Matthew Krac of Americore International Realty brought the buyer. The deed has yet to be recorded, and the buyer is unknown.
Oladipo was a newly minted Miami Heat player in 2021 when he bought the 6,500-square-foot home. Built in 2020, the house includes seven bedrooms, seven bathrooms and one half-bathroom, records show. It spans 0.3-acres, a size that Hogan said is a rarity for Hibiscus Island. The home also has two master bedrooms, a separate guest house, and a pool, Hogan said.
Oladipo’s 2021 purchase of the house was a price record for non-waterfront homes in Miami Beach at the time, one that was quickly shattered as pandemic demand caused a price surge in the area. The current price record for non-waterfront Miami Beach homes was set in 2022, when a Sunset Islands home sold for $12.5 million.
Hogan said the latest sale sets a price record for non-waterfront homes on Hibiscus Island. Oladipo listed the house for $10 million in June, Redfin shows.
The two-time NBA All-Star has suffered repeated injury over the course of his 10-year career in the league. The Heat traded him to the Thunder in July, although there is some speculation he could be traded again, Hogan said. In June, Oladipo filed suit against his longtime manager, James Henderson, alleging he stole $1.3 million from Oladipo and invested it in a strip club and a condo, according to the Bleacher Report.
While his basketball future is unknown, Oladipo wants to maintain a “home base” in the Miami area, and wants a larger yard for his daughter, Hogan confirmed. They have been looking at homes in Weston, Davie, Southwest Ranches, and Pinecrest, a popular inland hub for NBA players, Hogan confirmed.
Heat player Tyler Herro bought a Pinecrest mansion for $10.5 million in December.
Retired NBA player Jason Richardson bought a home just south of Olympia Heights for $6.3 million earlier this month. Last year, Miami Heat player Jimmy Butler bought a South Miami home for $7.4 million in February of last year.