Capitalize on the Power of Surf

Generating 12.5x higher profit margins compared to golf-focused resorts, and aligning with macro trends around fitness, eating well, and holistic happiness among demographics with purchasing power—Koa Bay is unmatched in investment potential.

INVESTOR RESOURCES

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Phased Development Plan

Koa Bay is being developed—and invested in—in phases. It will ultimately include The Lake and floating UNIT Surf Pool, the WaveGarden Lagoon, 28 surfside bungalows, a skate park, curated F&B and retail options, and the resort hotel (all coming soon).

Phase 1

Taking reservations, securing permits, and breaking ground on The Lake at Koa Bay. Home builder selection process underway.

Phase 2

Developing the Wavegarking Lagoon—including the surf pool, surfside bungalows, pump track skate park and other amenities.

Phase 3

Building and launching the resort hotel and commercial properties.

luxury residential real estate fort pierce fl - koa bay map

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.

fort pierce fl real estate investment - aerial photo over koa bay

Breaking ground on The Lake at Koa Bay: the first of our resort experiences, featuring UNIT Surf Pool technology. The Lake at Koa Bay will offer countless other ways to make the most of a tropical-like setting, from food trucks and beach amenities, to water

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.

Learn More

Investor FAQ

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.

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).

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).

What is the minimum investment?

The minimum investment is $200,000.

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).

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.

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).

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.

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.

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.

Why does Koa Bay utilize Wavegarden and UNIT Surf Pool technologies?

Each technology provides a distinct surf experience—giving surfers options with respect to how that want to progress their craft. It allows for less crowding, more surfing, and therefore greater revenue generation.

Can you tell me more about UNIT Surf?

There are 4 UNIT Surf Pools in operation worldwide, with 5 more in development. Standing waves are growing in popularity among surfers because of their consistency and ease of access. UNIT Surf Pool creates a focused environment for technical surf training and progression, making it an advantageous tool in Surf Park developments and complementary to larger traveling wave technologies. Learn more about UNIT at surf-pool.com/surf-it.

Where can I learn more about Wavegarden?

Learn more at wavegarden.com.

Can I use the surf package I purchase for the UNIT Surf Pool and the Wavegarden Cove?

Yes. The Bronze, Silver, Gold, and Centennial surf packages can be used for surf sessions on the UNIT Surf Pool or the Wavegarden Cove.

What are the home types and prices of the homes at Koa Bay?

There are a variety of proposed home types at Koa Bay. Including, 2 – 3 bedroom townhomes, 3 – 5 bedroom villas and estate homes, 2 – 3 bedroom condominium units in the lake front midrise buildings, and the surfside bungalows and resort residence. We do not have set prices yet for the homes but we anticipate starting prices will range from the low 400’s to the mid 900’s. Final floor plans and elevations will be published soon as well.

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

About Koa Bay

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