Tiger Woods Buys $40 Million Florida Estate

NewsMax ^ | 12/29/05 | NewsMax

[wagglebee]

Golf superstar Tiger Woods has agreed to pay around $40 million for a 10-acre oceanfront estate in exclusive Jupiter Island, Florida.

It’s a record sale for the enclave Forbes magazine calls America’s "Most Expensive ZIP Code,” the Palm Beach Post reports.

But the top-earning athlete in the U.S. – who raked in $89.4 million last year – plans to tear down the 13-year-old main house and build a new one, Palm Beach County real estate insiders say.

"The main house is in very good condition, but I’d think that someone who paid that much would want to put their own stamp on it,” Dolly Peters, a real estate agent in the area, told the Post.

"I’d be surprised if he didn’t tear it down.”

In addition to the 16,000-square-foot main house, the property – which runs from the Atlantic Ocean to the Intracoastal Waterway – includes two guest houses, a beach house and two boat docks.

Woods owns a 155-foot yacht, Privacy.

Records show that the estate went under contract in December.

Woods also owns property near Orlando, Fla., and in Jackson, Wyo.

The top money-winner on the PGA Tour this year, Woods earned $6.4 million playing golf last year and the rest of his income from endorsements, including $25 million from Nike.

The Jupiter Island estate is not far from the beachfront home that singer Celine Dion bought this year, or fellow golfer Greg Norman’s home, where then-President Clinton injured his ankle in a fall.

[wagglebee]

Good for Tiger, if I had that kind of money I'd do the same thing.

[systematic]

No worries.

Nike will pay him $200 million, so he can buy a few more in other exotic places as well.

[freedumb2003]

1 day's income, shot to hell!

;)

[paradoxical]

NOW I know why my offer of 39mil was declined /s

[apackof2]

Jackson, Wyo.

Don't blame him there
Such a beautiful part of the country

[The_Republican]

Ditto!

[Moonman62]

Poor guy. He has to pay millions of dollars to get the privacy the rest of us enjoy for free.

Jupiter Island is nice. I used to snorkel there back when you could park on the side of the road and walk to the beach.

[Stone Mountain]

Jackson, Wyo.

Such a beautiful part of the country

Really? I heard it was a hole...

(ducking)

[keithtoo]

Wow. That plus a Swedish babe for a wife.

As a Budhist, his next life is bound to be a dissapointment.

[wagglebee]

I've always preferred Naples to Palm Beach, but I agree that Jupiter Island is beautiful.

[tet68]

golfer Greg Norman’s home, where then-President Clinton injured his ankle in a fall.

Still pushing that story are they?

[wagglebee]

I would still like to know what really happened that night.

[keithtoo]

Clinton got boozie, then he had a floozie, then he got a bit woozie, and he tripped. His trip was a doozie.

[MarkeyD]

But it is FULL of libs :(

[Uncledave]

Here's who he will share his home with

[apackof2]

Really? I heard it was a hole...

Yeah a hole in one!

[Lizavetta]

He has to pay millions of dollars to get the privacy the rest of us enjoy for free.

Good point. And the ogling from some here on FR about Tiger's Swedish babe wife......what if she's a shallow and nagging b***h?

What appears to be the ideal situation may not be. I've seen it over and over in my short lifetime.

[apackof2]

The town may be but there is a whole lotta beautiful country around those parts!

[msnimje]

...who raked in $89.4 million last year ...

I raked many weekends last year and never saw any money.

[Westlander]

Looking forward to next seasons hurricanes.