Venezuelan oil executive Alain J. Viergutz has listed his waterfront mansion in Key Biscayne for $19.8 million, according to Redfin and reports from Mansion Global. The listing comes shortly after a U.S. military operation resulted in the capture of Venezuelan President Nicolás Maduro and his wife, Cilia Flores.
Viergutz, who serves as president of Grupo Centec, a company involved in the Venezuelan oil sector, previously led the Venezuelan Oil Chamber. Property records show he purchased the 8,200-square-foot home at 100 Cape Florida Drive for $11 million in 2021. Built in 2007 on a 0.4-acre lot, the property features four bedrooms, four bathrooms, a half-bathroom, a pool, and a dock. Viergutz has been active in Miami real estate; he sold another Key Biscayne residence for $17.4 million in 2021.
The recent political upheaval followed a Jan. 3 military operation ordered by former President Donald Trump’s administration in Caracas that led to Maduro’s detention. The action included airstrikes on Venezuelan defenses before U.S. Army Delta Force commandos captured Maduro and Flores.
Analysts say it is too early to assess how these events will affect Venezuela or broader markets.
Miami-Dade County has seen significant interest from Venezuelan buyers over recent years; Doral hosts one of the largest Venezuelan communities nationwide. After changes to deportation protections last year under the Trump administration, Doral experienced an increase in vacancies and rental prices dropped to their lowest level in three years.
Looking ahead, more property listings linked to Venezuelans may emerge as circumstances evolve. However, appraiser Jonathan Miller noted on his Substack “Housing Notes” that “Maduro’s capture did little to rattle U.S. consumers and the housing market nationwide.”
