Florida Seller Closing Cost Calculator
Calculate your closing costs with Florida-specific taxes and fees.
This is an estimate based on typical costs for sellers in Florida. Actual costs may vary depending on the specific details of your transaction.
What This Calculator Does
This calculator estimates seller closing costs specific to Florida, including documentary stamp tax (with Miami-Dade rates), title insurance, agent commission, and standard closing fees.
Who Is This For
Florida home sellers, especially those in Miami-Dade County, who want to understand their closing costs before listing. Also useful for real estate agents preparing seller net sheets.
How It Works
Enter your sale price and commission rate. Toggle the options based on your situation: title insurance responsibility, Miami-Dade location, and property type. Results update automatically.
Frequently Asked Questions
What is the Florida documentary stamp tax?
Florida charges $0.70 per $100 ($7 per $1,000) of the sale price. Miami-Dade County has a higher rate of $0.60 per $100 on top of state tax, totaling $1.05 per $100 for condos, or a reduced $0.60 per $100 for single-family homes.
Who pays title insurance in Florida?
In most Florida counties, the seller traditionally pays for title insurance. However, this is negotiable and varies by local custom. In some areas, the buyer pays.
Why are Miami-Dade rates different?
Miami-Dade County has an additional surtax on documentary stamps. Single-family homestead properties qualify for an exemption from the surtax, reducing the rate from $1.05 to $0.60 per $100.
What fees are fixed vs percentage-based?
Agent commission and documentary stamp tax are percentage-based. Title insurance uses a tiered rate structure. HOA estoppel, wire fees, and document prep fees are typically flat fees.