is now the proud owner of an impressive Miami Beach pad ... making it clear he's out to grow his property portfolio with a real estate shopping spree.
Sources with direct knowledge tell TMZ ... Josh, who's with Douglas Elliman, and his business partner/best budof Carolwood LP are in escrow on the $4.45 million Mediterranean-style villa -- and the 3,309-square-foot home is a beauty.The property includes some sweet perks like a spa, cabana and obligatory pool ... along with a large outdoor area built for entertaining friends and loved ones.
It looks beautiful as is, but we're told Josh and Adam plan to completely remodel ... and they'll use the finished product as a crash pad when they're in the 305 for business.