kgrammer061310_05_230.jpg$2.3 million bucks later, Kelsey Grammer is finally a free man ... until February 25 when he marries 29-year-old Kayte Walsh.

TV's most hated Beverly Hills Houswife Camille Grammer and her hubby of 13-years are officially divorced. While property issues have yet to be settled (the couple has accumulated over $100 million in real-estate) they will be worked out at a later date.

The $2.3 million the star had to pay protects the ex-Mrs. Grammer's pension rights against a future spouse, and gets him out of their marriage that much faster. More importantly, it frees the Frasier star up so he can quickly marry his hot young British fiancé.

Camille said in a statement:

    "I have a great many mixed feelings about today -- I'm sad for what was, yet excited about the road ahead. What I most hope is that Kelsey and I can improve our communications and truly co-parent our two wonderful children, and I wish Kelsey and Kayte love and happiness in their new marriage."


Congrats to the newly separated, and newly engaged couples!

Find out if Camille was invited to Kelsey's 4th wedding, after the jump ...