A Venezuelan oil executive and longtime Miami resident has listed his waterfront mansion on Key Biscayne for $19.8 million.\u00a0<\/p>\n
Alain J. Viergutz, president of Grupo Centec, purchased the 8,240-square-foot residence in 2021 for $11 million after selling another Key Biscayne residence for $17.4 million.\u00a0<\/p>\n
The canalfront home stands on a corner lot opposite Bill Baggs Cape Florida State Park, forming an L-shaped waterfront that spans 270 feet and has direct access to Biscayne Bay.\u00a0\u00a0<\/p>\n
The layout means more waterfront, more privacy, as there are fewer neighbors, and it means you can park your boat without blocking the view across the water, said Lucia Marin with One Sotheby\u2019s International Realty, who posted the listing Tuesday.\u00a0<\/p>\n
The four-bedroom home was built in 2007 and features a \u201ccoastal aesthetic,\u201d per the listing, with white walls, wraparound porches and paneled windows framed by bright blue window shutters. There is also a 1,400-bottle wine cellar, a gym with a waterfront view, a dockside kitchen, staff quarters and two garages with space for eight cars.\u00a0<\/p>\n
Key Biscayne is a barrier island across the Rickenbacker Causeway from Miami. The mile-long residential portion of the island is sandwiched between two parks to the north and south, and the bay and ocean to the east and west. It makes for a great community, according to Marin.<\/p>\n
\u201cWe\u2019re one mile long,\u201d she said. \u201cYou can walk or take your golf cart anywhere.\u201d<\/p>\n
The asking price represents an 80% increase over the 2021 sale, but is hardly the most expensive on the island, where at least nine other homes are asking more than $20 million.\u00a0<\/p>\n
\u201cThe pricing reflects the new normal in the Miami area,\u201d Marin said.\u00a0<\/p>\n