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Tiger reportedly to buy $40 million property

Birthday gift? Woods, 30, purchasing 10-acre oceanfront spot in Florida

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updated 4:40 a.m. ET Dec. 31, 2005

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Hmmm, how about a 10-acre, $40 million oceanfront property to call home?

It looks like Tiger Woods can check that item off his list as well.

According to the Palm Beach Post, Woods may have found himself an appropriate gift to celebrate his 30th birthday Friday with the acquisition of a prized spot of real estate on Jupiter Island, Fla.

Woods has agreed to purchase the property, which runs from the Intracoastal Waterway to the Atlantic Ocean, and currently includes four houses — the main house, two guest houses and a beach house — as well as two boat docks, the newspaper reported.

"It's a really high price and everyone's blown away," said Chappy Adams, president of Illustrated Properties in Palm Beach Gardens, which is not involved in the transaction.

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Real estate agents familiar with the deal said that Woods, who earned $89.4 million in 2004 in endorsements and tournament winnings, intends to tear down the 13-year-old main house.

"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," Jupiter area real estate agent Dolly Peters told the Post. "I'd be surprised if he didn't tear it down."

According to the report, it's a record sale for a community described by Forbes magazine as America's "Most Expensive ZIP Code."

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