Tiger Woods is finally moving into this $54.5 million home on Jupiter Island. (Deborah Silver/Treasure Coast News)

While Woods continues to recover from knee and ankle injuries that have kept him off the course most of the year, he’s getting closer to moving into his $54.5 million, 12-acre home on Jupiter Island.

According to the Palm Beach Post, Woods’ move is expected to follow another relocation by his ex-wife, Elin Nordegren, and their two children. Nordegren is said to soon be moving into a $12.2 million beacfront home of her own in Palm Beach County.

Woods will reportedly make Greg Norman’s Medalist Club in nearby Hobe Sound his new home course as he joins a long list of elite golfers who call Palm Beach and Martin counties their home.

Six of the top 50 players in the world, including top-ranked Luke Donald, currently own homes in the area. Other big names include Norman, Jack Nicklaus, Gary Player and Masters champion Charl Schwartzel.

Woods — who earlier this week fell out of the top 20 for the first time since 1997 — originally announced he would move be moving into the home in March.

But a lot has happened since then...

Related Tiger Woods Coverage:

— Tiger Woods tumbles from world’s top 20 for first time since early 1997

— Tiger Woods breaks up with long-time caddie Steve Williams

— Boswell: Tiger Woods’ split with caddie Steve Williams was long overdue

— Tiger Woods may be struggling financially; Elin Nordegren finds a new man