Homestead Investment Group Self-Builds $12.5M South Miami-Dade Job

Homestead Investment Group LLC pulled a $12.5 million permit for a 135,560-square-foot, four-story industrial building at 525 SE 1st Ave in the Homestead area of South Miami-Dade County, and the company named itself as the contractor of record instead of hiring one.

Why it matters

Permit 2026067252 lists the contractor field as simply “Owner,” meaning Homestead Investment Group is self-performing construction on a project this size rather than turning to a licensed general contractor, which is how most large industrial filings in the county move. Self-performing at 135,560 square feet is a scale move: it signals either an in-house construction arm or enough comfort with the county’s permitting and inspection process to skip a GC, and it strips a contractor’s markup off a build with a declared value above $12 million. The jurisdiction is worth its own beat. Miami-Dade County’s Regulatory and Economic Resources department, RER, issued the permit, and RER only has authority over unincorporated county land, not the incorporated City of Homestead, which runs its own building department. That places the project in the unincorporated pocket of South Miami-Dade that carries a Homestead mailing address, not inside the city’s actual municipal limits, a distinction anyone else filing in that corridor needs to get right. For developers and contractors chasing industrial work in South Florida, the SE 1st Ave corridor in far South Miami-Dade is filling in with owner-built product rather than developer-GC pairs.

The numbers

The permit carries a declared construction value of $12,475,936 for 135,560 square feet across four floors, filed as new commercial construction under an industrial use designation and issued August 25, 2026. Florida Division of Corporations records list Homestead Investment Group LLC as document number L09000123157, filed in 2009, with a principal address at 2605 Ponce de Leon Boulevard in Coral Gables and an authorized person, MGRM NP Family LP, at 100 US Highway One in Florida City, tying the ownership group to South Miami-Dade rather than a downtown Miami address. Four stories on an industrial permit is itself atypical; most warehouse and distribution product in the county files as single-story.

What’s next

Neither the permit record nor Florida’s corporate filings name a tenant, and no prior press on Homestead Investment Group’s construction history turned up in a public search, so it is unclear whether this is spec industrial space or a build-to-suit. Watch Miami-Dade’s inspection record for the certificate of occupancy, which would confirm the finished use, and county commission agendas for any incentive or rezoning item tied to the site.