Woods Buys Property for $38 Million


JUPITER ISLAND, Fla. -- Tiger Woods has completed a $38 million purchase of 10 acres of residential property stretching from the Atlantic Ocean to the Intracoastal Waterway.
Woods, who grew up in southern California, moved to Orlando in 1996 when he turned pro.
'I'm close to the water,' Woods said Tuesday. 'I grew up here in southern Cal not too far away from the beach, and I miss the ocean. Being in Orlando ... there's a bunch of lakes, but it's not the ocean.'
The transaction marks the largest single residential sale in Martin County history.
Woods' new property includes a 13,207-square-foot home, several guest houses and two docks, perhaps with enough space for his 155-foot yacht. Records show the main, two-story home includes eight bedrooms and 13 bathrooms, and another house has six bedrooms and seven baths.
The property was sold to three companies, each with a common Orlando address that belongs to ETW Corp., the licensing agent for Woods. He and his father, Earl, are listed as two of the company's principals.
Jupiter Island, a waterfront strip north of Palm Beach considered among the nation's wealthiest enclaves, is home to golfers Greg Norman and Nick Price and singers Celine Dion and Alan Jackson.
Woods, who turned 30 last month, has a home in Orlando recently assessed at $2.5 million. He and his wife, Elin, also own property in California, Sweden and Jackson, Wyo.
He said he likely would keep a house or a villa at Isleworth, an exclusive community outside Orlando with a golf course that Woods said was tougher than anything he could find in south Florida.
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