A single-family dwelling in Miami-Dade County is transferred for $188,500. Ignoring any exemptions and noting that the surtax does not apply to a document transferring only a single-family dwelling, what deed documentary stamp tax is due?
Correct Answer
C) $1,131
For Miami-Dade single-family transfers, the base rate is 60 cents per $100 and the surtax does not apply. So the tax is $1,131.
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A deed transfers Florida real property in Orange County for consideration of $125,000. What documentary stamp tax is due on the deed?
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Non-single-family real property in Miami-Dade County is transferred for $250,000. What total deed documentary stamp tax and surtax are due?