Shark Tank investor Rohan Oza drops $14M on Venetian Islands house
Shark Tank investor Rohan Oza bought a waterfront home in Miami Beach’s Venetian Islands for $13.5 million.
Records show Oza’s Gaadi, a Montana LLC, bought the home at 214 West San Marino Drive from Villa Madison, a Florida entity managed by Rudolf and Nicole Budja.
Dean Bloch and Jackson Keddell of Douglas Elliman had the listing, and Evan Weiss of 305 Degrees Realty brought the buyer.
Oza is the former chief marketing officer for Glaceau, the parent company of Smartwater and Vitaminwater, which sold to Coca-Cola for $4.2 billion in 2007, according to published reports. He is also a longtime investor in consumer packaged goods brands, and co-founded the venture firm Cavu Consumer Partners with Brett Thomas in 2015. Its portfolio includes Oatly, Beyond Meat, Health-Ade Kombucha, Skinny Dipped, Osea, Poppi, Hims and Hers.
Keddell said the buyer plans to tear down the house and build a new home in the future, and that buyers these days are looking for large lots with good views. They’re also looking for newly constructed homes, which are in short supply.
He has also appeared as a “Guest Shark” on Shark Tank intermittently since 2017.
Rudolf Budja owns his namesake gallery based in Miami Beach, which includes works by Damien Hurst, Franz West and Andy Warhol. His wife also works at the gallery.
They bought the West San Marino Drive home for $5 million in 2008, property records show. It was built on nearly 0.4 acres in 1936 by prominent Art Deco architect L. Murray Dixon, the listing shows. It spans 3,800 square feet, with six bedrooms, four bathrooms, a pool and dock, according to property records. It has 90 feet of waterfront.
The Budjas first listed the home for $29 million in 2022, slashing the price four times before selling for $13.5 million.
Miami Beach’s Venetian Islands luxury market has been dominated by buyers seeking such turnkey homes in recent months. In April, a British investor bought a Max Strang-designed waterfront spec home for $23.9 million. In May, Clara Homes’ James Curnin sold an unfinished waterfront spec house for $23.1 million. Last month, a waterfront teardown on half an acre sold for $27.5 million.
This article originally appeared on The Real Deal. Click here to read the full story.
