Venezuelan oil executive Alain J. Viergutz listed his waterfront mansion in Key Biscayne for $19.8 million, three days after U.S. Army Delta Force commandos captured President Nicolás Maduro and his wife in a night raid.
Viergutz tapped One Sotheby’s International Realty agent Lucia Marin to list his home at 100 Cape Florida Drive on Jan. 6, according to Redfin. Mansion Global first reported the listing.
Viergutz is president of Grupo Centec, a services firm in the Venezuelan oil industry. He was formerly president of the Venezuelan Oil Chamber, according to published reports.
He bought the 8,200-square-foot Cape Florida Drive mansion for $11 million in 2021, according to property records. It was built in 2007 on 0.4-acres and has four bedrooms, four bathrooms, a half-bathroom, a pool and a dock. Viergutz, a longtime Miami homeowner, sold another Key Biscayne home for $17.4 million in 2021.
President Donald Trump administration orchestrated a military operation in Caracas on Jan. 3 and detained Maduro and his wife, Cilia Flores, in an act that has upset the global geopolitical landscape. U.S. fighter jets and bombers struck Venezuelan air defenses just before the raid.
It is too soon to measure the full scale of the impact of the capture and Trump’s vague plans for the U.S. oversight of Venezuela.
Venezuelan nationals are a significant buyer pool in Miami-Dade County, and Doral has one of the largest Venezuelan populations in the country.
After the Trump administration stripped many Venezuelans of their deportation protections early last year, vacancies climbed in Doral, and rents hit a three-year low.
More Venezuelan-related listings could be in the future. But, as appraiser Jonathan Miller pointed out in his Substack “Housing Notes,” Maduro’s capture did little to rattle U.S. consumers and the housing market nationwide.