Where vision meets rigor
Koa Bay is backed by over 40 years of experience, a nationwide portfolio of mixed-use properties, premier partners in their respective industries, and an unmatched vision. We welcome investors who see the world as we do.
INVESTOR RESOURCES
Access items
Download and e-sign our NDA to receive a detailed Investor Packet
Investment Highlights
1,014 residential units
410,000 sq ft of commercial
Projected 8x multiple return on invested capital over a 10-year period
Shovel ready
Land control and permitting are often the most challenging aspects of a new development. Koa Bay has all the necessary permits and support from local government agencies for the project.
CDD Bond
KBD has arranged CDD financing to construct the community’s infrastructure.
Location on the Florida coastline
Just 38 miles north of Jupiter and 1 hour from 2 major airports. Koa Bay’s site is located less than a minute off of I-95. 22 million cars pass by annually.
Diverse revenue sources
Koa Bay has a wide assortment of home types for sale, membership fees, retail space for sale and rental, and surf park memberships as sources of income.
Strong tourism
Florida’s Treasure Coast receives 1.2 million+ visitors each year.
Lack of hotels in surrounding area
There are approximately 3,000 hotel rooms in Fort Pierce and Port St. Lucie combined. 88% of them were built before 2010. Recent surveys indicate an increase in modern hotel options will be a boon to the already strong tourist activity in the area.
Why Surf?
Profit margins
12.5x higher profit margins compared to leveraging golf as a central amenity.
Lifestyle over sport
Aligning with macro trends around fitness, eating well, travel, and holistic happiness that dominates the narrative among millennials and other key home-buying demographics.
Economic activity
In a 2016 study, researchers used light emission to measure surfing’s economic effects, finding that individual surf breaks generate $18–$25MM in annual economic activity.
Live your investment
Learn more about all that becomes available to you as an investor in Koa Bay:
- Priority to purchase a residence at Koa Bay.
- Waived Membership initiation fee.
- Advanced booking of surf sessions, cabanas, and overnight accommodation at the Koa Bay resort hotel & bungalows.
- Retail, F&B and Hotel discounts.
- Exclusive invite and free admission to private events, including pre-opening surf commissioning and grand opening.
- Priority access to all activities and amenities at Koa Bay and future Waterbourne properties.
Investor FAQ
What is a Founding Member?
Founding Member is one of the first 100 investors in the surf resort at Koa Bay. As both an investor and a member of the Surf Club, you receive a unique combination of financial benefits (through your ownership in Surf Koa Bay, LLC) and exclusive membership perks (including priority access to surf sessions, special events, and more).
What is the minimum investment?
The minimum investment is $200,000.
Do I need to be an accredited investor?
Yes. All Founding Members must meet the requirements of an accredited investor as defined by the Securities and Exchange Commission (SEC).
As a Founding Member, are there any additional costs?
Non-resident Founding Members: Pay discounted rates from 20-50% on surf sessions, food and beverage purchases, retail items, guest fees, and other services and optional amenities.
Resident Founding Members: If you own a residence at Koa Bay, you will pay annual Surf Club dues, which cover all surf sessions and grant you full membership privileges (see details below).
Does the Founding Membership include my spouse?
As a Non-resident Founding Member your spouse and children under the age of 25 are included in your Founding Membership. However, all family members are subject to the same terms as the sponsoring Member.
As a Resident member you and your family are subject to paying annual dues (see details below).
If I own a home at Koa Bay, what additional costs are there, if any?
Annual Surf Club Dues: Resident Founding Members pay annual dues based on the number of family members on the membership.
- First member: $7,000
- Second member: $3,500
- Each additional member: $1,750
For example, a family of three would pay $12,500 per year. These dues include unlimited surf sessions and use of all other resort amenities.
*Initiation Fee Waived: As a Founding Member, you do not pay the one-time Surf Club initiation fee.
Are there any homeowner association (HOA) fees at Koa Bay?
Yes. If you own a home at Koa Bay, in addition to your Surf Club dues, there will be HOA fees to cover community-wide maintenance, security, and landscaping. Specific details and fee structures will be available in your homeowners’ documents when available.
What exactly am I investing in?
You are investing in Surf Koa Bay, LLC (SKB), the entity formed by the founders of Koa Bay to build, own, and operate the surf resort. SKB generates revenue from multiple sources, including:
- Surf sessions
- Food and beverage sales
- Membership dues
- Retail sales
- Lake and other recreational activities
- A share of the hotel’s profits
When you invest, you own Units of SKB and share in the profits from these revenue streams.
Do I have to own a home at Koa Bay to be a Founding Member?
No. You can become a Founding Member without purchasing real estate at Koa Bay. However, if you do decide to live in the community, Founding Members get priority when selecting homes and home sites.
Can I use my home at Koa Bay for rental income?
Yes. However, there is a 30-day minimum on rentals. This policy helps maintain a healthy, close-knit community and ensures that all residents can fully enjoy the Koa Bay lifestyle without frequent turnover from short-term rentals.
Does Koa Bay have an Investor Relations (IR) function?
Yes. As a Founding Member, you will receive regular updates, news, and investor reports. Our investor relations professionals are also available to answer any questions you may have about your investment.
What wave technology does Koa Bay use?
We will be utilizing state-of-the-art wave-generating technology from Wavegarden designed to produce consistent, high-quality waves suitable for every skill level—from beginners to seasoned surfers. The property also includes a UNIT Surf Pool floating in the community’s lake which creates world-class standing waves.
When is Koa Bay scheduled to open?
Construction timelines can vary based on permitting and other factors. Some residential phases and the lake amenity, including the UNIT Surf Pool is anticipated to be available by the 4th quarter of 2025. We anticipate the Wavegarden surfing lagoon will open in mid to late 2027. Additional amenities and residential phases becoming available thereafter.
Is Koa Bay open to the public or private for members only?
Koa Bay is primarily a private community with membership-based access to the surf resort. However, in the early years of operations the resort will be open to the public until all the residence and surf club memberships are sold. After that certain amenities may be accessible to the public including select dining options, retail, spa and wellness offerings. Founding Members, residents and their guests receive priority access and exclusive privileges.
Who can I contact for more information or to schedule a visit?
You can reach our team by:
– Chad LaBonte – [email protected]
We would be happy to discuss membership, investment details, or schedule a site tour.
– Chad LaBonte – [email protected]
We would be happy to discuss membership, investment details, or schedule a site tour.
What if I need to transfer or sell my Membership?
Membership transfers and sales are allowed however, they are subject to certain terms and conditions outlined in the Membership Agreement. If you plan to sell or otherwise transfer your interest, please contact us so we can guide you through the appropriate process.
If you have any further questions, feel free to reach out to our team. We look forward to welcoming you to Koa Bay!
Learn more about the Koa Bay vision
