Venezuelan Oil Executive Lists Key Biscayne Home for $19.8M

Just a few days after the U.S. military action in Venezuela and the stunning capture of Venezuelan President Nicolás Maduro, the head of a Venezuelan oil company placed his Miami estate on the market.

Alain J. Viergutz, the president of Grupo Centec, who previously served as president of the Venezuelan Oil Chamber, is selling the Key Biscayne home for just under $20 million. He originally purchased the island estate for $11 million in 2021, following the sale of another Key Biscayne property for a cool $17 million. This four-bedroom, six-bathroom home, built in 2007, spans more than 8,200 square feet, property records reveal.

The property’s white walls, large porches, paneled windows, and royal blue shutters emulate a coastal aesthetic, as the listing points out.

Overlooking the Pines Canal and Bill Baggs Cape Florida State Park, the property is described as a boater’s paradise.

“Offering a calm and naturally sheltered harbor, a concrete seawall, a boat lift, a dockside kitchen, and side dock boat storage that preserves unobstructed water views, the property provides a sense of openness, privacy, and tranquility,” the listing reads.

The home also offers a garden courtyard and “generous[ly] covered” terraces that offer plenty of natural light. The interior features Calacatta Gold marble countertops, Sub-Zero and Viking appliances, two family rooms, a fitness center with water views, two garages that could fit at least seven cars, a temperature-controlled wine cellar with storage for 1,400 bottles, an elevator, and retractable screen doors. There is also a saltwater heated pool. Plus, the home’s five bedrooms do not include the dedicated staff quarters.

One Sotheby’s International Realty agent Lucia Marin has the listing for 100 Cape Florida Dr.

Oil has taken center stage in the conflict between Venezuela and the U.S. Immediately following Maduro’s capture, President Donald Trump announced that the United States would assume control of the country’s oil reserves. The U.S. has a long history of involvement with Venezuela’s oil industry — from being its main trading partner and market for oil in the early 20th century to hosting major American oil companies that developed its fields and brought technology and business practices to the country after World War II.

“We’re going to have our very large U.S. oil companies, the biggest anywhere in the world, go in, spend billions of dollars, fix the badly broken infrastructure, and start making money for our country,” Trump said at a press conference on January 3.