Pro Golfer Tiger Woods is preparing to move into a sprawling 10-acre ocean front estate in Florida, complete with its own backyard golf course.
Woods' new place is on ultra exclusive Jupiter Island. Woods paid $40 million in January, 2006 and stunned locals by immediately tearing down the house hat was there even though it was only 13 years old.
Documents filed last month in Martin County show that Woods has taken out a $54.5 million mortgage on the waterfront estate.
Jupiter Island, Florida is a very small town with a population under 800. It is on a barrier island, and is known as a place where a lot of wealthy people reside.
The per capita income is the 2nd highest out of any other place in the United States.
Also living in Jupiter Island are fellow golfers Nick Price and Gary Player. They are joined by other notable names such as Celine Dion, Nelson Doubleday, Alan Jackson, and Burt Reynolds.
In July 2010, Forbes announced Tiger Woods as the richest sportsman in the world earning a reported $105m in the past year.
Source: Thenewsoftoday - Dailymail