Capital Preservation.
Upside Growth.

Value Creation Strategy

509 works hand-in-hand with our acquisition partners to create and execute unique business plans for each project, focusing on maximizing IRR throughout the hold period.

Projects

509 invests alongside DIX Developments principals and investors, as well as maintaining projects for internal portfolios.

Acquisitions

All internal acquisitions go through the same rigorous process that DIX Developments has used for more than 17 years.

Entitlement Process

Our core competency is built on a foundation of land entitlements; we are focused on maximizing our land assets to their full potential.

Engineered / Developed

As an early exit strategy, we evaluate opportunities to reduce ordinary income through the development process by selling engineered lots vs. developed lots.

Vertical Construction

When appropriate to maximize IRR, 509 invests alongside developers to build end products on our residential, commercial, and multifamily lots.

Asset Management

Primary strategy is to enhance investor returns through the vertical integration of asset management and investing alongside DIX Developments projects.

509 Dev Group Income Fund

Targeted Fund Returns

Prioritizing capital preservation and risk management while retaining upside potential.

24% Annual Returns
24% Cash-on-Cash
22.7% Levered IRR (Net)
1.48X Equity Multiple (Net)

*Based on 2 year hold. Target returns represent ranges for best case, downside, and upside scenarios. Projected cash-on-cash returns are based on best case assumptions.

Portfolio & Benefits

Accessing Diverse Florida Markets

Current Portfolio Scope

Communities located in the high-growth markets of Florida. Fully entitled projects with excellent opportunities for value creation.

  • 11,000+ Residential Lots
  • 3,000 Multifamily Units Entitled
  • 3,000,000+ SF Commercial Flex Space
  • Delivery started Summer 2024
Florida Construction
Diversification

Spreads investor equity over multiple acquisitions, reducing individual asset risk.

Market Exposure

Greater exposure to investments in various high-growth markets and asset classes.

Strategy Variety

Ability to invest in different individual property business plans and hold periods.

Tax Efficiency

Potential tax benefits for investors such as pass-through depreciation opportunities and 1031 exchanges.

Ready to Invest?

You must be an accredited investor to start investing with 509 Dev Group.

Start the Process

Disclaimer

Dev Group Common Member, LLC, 509 Dev Group Income Fund, LLC, and 509 Dev Group Management, CORP is not an investment adviser or a broker-dealer and is not registered with the U.S. Securities and Exchange Commission.

The information presented herein should not be used as the sole basis of any investment decisions, nor is it intended to be used as advice with respect to the advisability of investing in, purchasing or selling securities, nor should it be construed as advice designed to meet the investment needs of any particular person or entity or any specific investment situation. None of the information presented herein constitutes legal, accounting or tax advice or individually tailored investment advice. The recipient of this information assumes responsibility for conducting its own due diligence and assumes full responsibility of any investment decisions.

No Offer of Securities—Disclosure of Interests

Under no circumstances should any material at this site be used or considered as an offer to sell or a solicitation of any offer to buy an interest in any investment. Any such offer or solicitation will be made only by means of the Confidential Private Offering Memorandum relating to the particular investment.

Access to information about the investments are limited to investors who either qualify as accredited investors within the meaning of the Securities Act of 1933, as amended, or those investors who generally are sophisticated in financial matters, such that they are capable of evaluating the merits and risks of prospective investments.