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 Koa Bay?
Koa Bay is a residential community featuring a Wavegarden Cove surfing lagoon and is designed for families and individuals who seek an active lifestyle.
Where is Koa Bay?
Koa Bay is located on Midway Road just off of I-95 on Florida’s Treasure Coast. Koa Bay enjoys year-round tropical temperatures and is within one hour of two major airports.
Are membership deposits refundable?
Yes. You may request a refund for any reason and 100% of your deposit will be refunded to the original form of payment.
Do you have to be a surfer to enjoy Koa Bay?
Absolutely not. Koa Bay was designed to support all types of residents. Our amenities and design will appeal to surfers and non-surfers alike. Many of our prospective members have one surfer in the family or kids who are interested in making surfing part of their lives.
When will Koa Bay be ready for me to move in?
We are breaking ground at Koa Bay in October of 2024 and the first residences are estimated to be completed by the 4th quarter of 2026.
What other benefits are there to becoming a member at Koa Bay?
See the amenities section. Every day, we are adding more exciting features for our members.
What forms of payment are accepted for deposits?
We accept ACH, credit, debit, or check payments. Our online payment portal allows for easy and secure transactions.
Can I invest in Koa Bay without becoming a resident?
Yes. See our Founding Members section for more information.
Can I schedule a visit?
Yes. Use our contact form and a Koa Bay representative will call to arrange a visit.
Can non-members surf at Koa Bay?
Yes. Koa Bay welcomes the public to surf at the facility. We offer a full line of discount packages, lessons, and camps.
Is there any opportunity in the future to recoup the Initiation Fee if I move or no longer want to be a member?
The Membership Initiation Fee is fully refundable on a one in, one out basis. So, when you want or need to resign you notify the Club in writing and the Club will refund your initiation fee when a new member is admitted.
If I’m a Surf Club Member is there an additional cost for surfing sessions?
As a Surf Club member there is no additional fee on top of the annual dues for surf sessions.
What is the expected range for the annual dues?
The annual dues are based on the number of family members attributed to the Membership. First member: $7,000. Second member: $3,500. Subsequent members: $1,750. So, for a family of three the annual dues will be $12,500.
Are the member benefits available to be shared with guests?
Yes, members can have guests at the resort who will receive a discounted guest price for the activities of their choosing. And, of course, share in the member’s other benefits like discounts on F&B and merchandise at the surf shop.
Can member benefits be shared with guests even if the member is not present at the property?
Guests will not have to be accompanied by the member but, unaccompanied guest visits will be limited and unaccompanied guest will not get certain benefits from the members perks like the ability to book surf sessions in advance, as an example.
What percentage of the wave pool time will be provided to members vs non-members / general public?
Part of a member’s package of benefits is advance booking of surf sessions and member only surf times. So, a sufficient percentage of surf time will always be available to members (and their guests). We anticipate that when the residence and memberships are fully subscribed there will be limited access for the general public unless you are a guest of the hotel.
Besides unlimited surf sessions, what other activities are included with my Membership?
Members receive unlimited “beach access” which includes the PumpTrac Skate Park, the Free Solo Climbing Wall over water, beach volleyball and other games, the use of the UNIT Surf Pool and other activities on the Koa Bay lake.
How does the Full Residential Membership work?
Full Residential Membership requires you to own a home in Koa Bay. However, if the Wavegarden Cove is operational before your home is ready for occupancy you can still surf when you want. The benefit of reserving a membership spot now is it grants you priority to choose your preferred home site and floor plan when they become available.
The initiation fee of $45,000 is a one-time fee that includes your household family members that want to surf. The initiation fee is returned if your family decides in the future to resign as a member of the surf club. For example, if you sell your home and move.
The annual dues that you will pay is based on the number of surfers you will have in your household. For the first surfer it is $7,000, the second surfer is $3,500 and subsequent surfers are $1,750 each. So, for a family with three surfers the annual dues will be $12,500. This grants you unlimited surf at the Wavegarden Cove and the UNIT Surf Pool in Koa Bay’s lake. Also, you and your family will have priority access to all the other activities offered at the Club including kayaking, SUP and E-Foil surfing on the lake, use of the SURFtracks surfpark, solo climbing over water, beach volleyball and more.
All details of the Full Residential Membership will be included in the forthcoming Membership Documents.
How does the Fractional Residential Membership work?
This is a shared ownership program that allows you and your family to purchase a 1/8th fraction of a resort residence at Koa Bay. (Note, you can purchase as many fractions as you want, up to 8). This grants you 40 days of use per year. While you are in residence you get unlimited surf sessions at the Wavegarden Cove and UNIT Surf Pool in Koa Bay’s lake. Also, you and your family will have priority access to all the other activities offered at the Club including kayaking, SUP and E-Foil surfing on the lake, use of the SURFtracks surfpark, solo climbing over water, beach volleyball and more.
The one-time initiation fee for a 1/8th Membership is $5,650. The annual dues for the first household surfer is $875, the second surfer is $438 and subsequent surfers are $219 each. So, for a family of three surfers the total annual dues will be $1,532.. The great thing about the resort residence is they will be surfside offering ‘surf in, surf out’ ability to the Wavegarden Cove.
Fractional Residence floor plans and pricing will be published soon. All details of the Fractional Residential Membership will be included in the forthcoming Membership Documents.
Learn more about the Koa Bay vision
HAVE FURTHER QUESTIONS?
Surf It First.
Sign up for updates.
Get in on the next golden age of surfing
"*" indicates required fields