Tiger has been seeing a 22-year-old student named Alyse Lahti Johnston from Cleveland, Ohio.
Tiger and ex-wife Elin Nordegren officially divorced in August of last year.
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Nordegren recently purchased a 17,178-square-foot home for $12.2 million in North Palm Beach, just 10 miles from Tiger's new mansion in Jupiter, Fla.
The University student and budding golfer has been been spending a lot of time with Woods in recent weeks.
Johnston's father is an executive at IMG which is the sports agency that represents Woods.
A source told TerezOwens, a leading sports blog, that the the two have been seeing each other for a few months now and have been spotted on Woods' yacht.
They were apparently there with another couple and he is said to be smitten with her.
But it seems that Woods' new girl is a class act like the stream of mistresses that came out of the woodwork two years ago leading to the implosion of his marriage.
A mug shot of Johnston stemming from her DUI arrest on October 9 last year by police in Orlando, Florida shows she looked a bit worse for wear on the date she was pulled over.
However, a lesser charge of Reckless Driving, a first degree misdemeanor, was brought against her on December 10. She was represented by a high-profile Florida attorney.
Woods' five-year marriage was left in tatters in 2009, exposed after a bizarre November 27 car crash outside his mansion in Windermere, Orlando.
Numerous women then came out of the woodwork claiming to have adulterous affairs with the sports star.
Former swimwear model Elin Nordegren quickly ditched her wedding ring - and later filed for divorce which is rumoured to have cost Woods $100 million.
Speaking about her relationship with the golfer, she said she felt 'blindsided' and 'embarrassed' when she found out about his multiple infidelities.