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Venezuelan oil exec lists $20M Florida mansion amid turmoil

The nearly 8,000-square-foot Key Biscayne mansion features 270 feet of waterfront and luxury amenities amid high demand for private waterfront properties, a listing agent said.

  • On the southern end of Key Biscayne, Alain J. Viergutz, a Venezuelan oil executive and former president of the Venezuelan Oil Chamber, listed a $19.8 million L-shaped waterfront mansion through ONE Sotheby’s International Realty.
  • Limited inventory on the one-mile-long island and local zoning constraints make extensive waterfront frontage rare, while buyers prioritize waterfront access and elevated design in the Village of Key Biscayne.
  • The residence measures 7,996 adjusted square feet on a 16,500-square-foot lot with four bedrooms plus staff quarters, five full bathrooms and four half-baths, featuring a wine cellar for more than 1,400 bottles and garages for seven or more cars.
  • Agents report strong interest from local residents upgrading to waterfront homes, international buyers expanding Miami portfolios, and parents purchasing properties for their children, reflecting broader Key Biscayne luxury trends, Marin said.
  • Reporting notes the listing follows the reported abduction of former President Nicolás Maduro on January 3 and a White House announcement of a $500b energy agreement, amid disputes over Chávez-era oil marketing policies.
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Venezuelan oil exec lists $20M Florida mansion amid turmoil

The listing comes after the abduction of former President Nicolás Maduro by the U.S. on Jan. 3.

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KULR-TV broke the news in Billings, United States on Monday, January 26, 2026.
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