Beachfront Builders

4 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 9 it was there he met his wife, Ivana. When they returned to the States, his passion for building reasserted itself. “I didn’t want to do IT anymore,” he offers. “I just wanted to do construction.” So, the couple went headlong into flipping -- renovating and reselling some 30 homes over time, and even becoming TV stars on an A&E show called “Flip Wars.” “She would do the land acquisition and find the homes. I would go in and renovate them and she would sell them,” he recounts. Eventually, Shoultz grew tired of merely renovating existing structures. “My passion is design,” he states. “When you’re flipping homes, you’re constrained by the house you’re trying to renovate; you can’t be too creative. I really wanted to do new construction. So, we built two homes and we sold them, and from then on we’ve been in the new construction world.” Husband and wife grew their businesses side by side – Ivana opened her own brokerage, Beachfront Properties, which today, has more than 65 real estate agents, and grosses between $200-300 million per year; David and his team of over 20 now sell about a dozen newly constructed homes, both custom and spec, per year. “We work together, but we don’t work for each other,” he notes. “She’s her own broker and I am a general contractor and builder. But we get to do it side by side, which is pretty cool.” Beachfront Builders’ focus is on building beautifully designed luxury homes, using the best architects, hiring the best subcontractors, building with the best and most durable materials, employing the latest in smart technologies, and most importantly, constructing the sturdiest, most solid homes to face the various wraths of Mother Nature. “If you’re living in South Florida, you have hurricanes to deal with, extreme heat, rising waters, torrential downpours,” Shoultz says. “So,