Closing costs by state
Closing costs in Florida
Closing costs in Florida run about 2% to 5% of the price for a buyer, made of lender fees, title and settlement, recording, prepaid interest and escrow reserves; on a $400,000 home the worked example below comes to $10,055. Florida charges a state transfer tax of $0.70 per $100 of consideration (documentary stamp tax on deeds, Fla. Stat. § 201.02); $0.60 per $100 in Miami-Dade County for single-family residences, about 0.7% of the price, and the seller customarily pays it. Miami-Dade charges $0.60 per $100 plus a $0.45 per $100 surtax that does not apply to single-family homes. Buyers with a mortgage also pay documentary stamps on the note ($0.35 per $100) and intangible tax of 0.2% on the mortgage.
Last verified ·Sources:floridarevenue.com·flsenate.gov
The rules
What Florida does differently
- State transfer tax
- $0.70 per $100 of consideration (documentary stamp tax on deeds, Fla. Stat. § 201.02); $0.60 per $100 in Miami-Dade County for single-family residences (about 0.7% of the price at $400,000).
- Who pays it
- Seller, by custom.
- County and city add-ons
- Miami-Dade charges $0.60 per $100 plus a $0.45 per $100 surtax that does not apply to single-family homes. Buyers with a mortgage also pay documentary stamps on the note ($0.35 per $100) and intangible tax of 0.2% on the mortgage.
- Attorney at closing
- Florida does not require an attorney at closing; a title or escrow company usually conducts it, and an attorney is optional.
- Owner’s title policy
- Who pays the owner’s title policy in Florida varies by county or region; it is set by local custom and the contract.
- Notes
- $2,800 on a $400,000 sale ($2,400 in Miami-Dade). The statute makes all parties liable; the standard contract assigns it to the seller. Owner's policy: seller pays in most counties; buyer pays in Miami-Dade, Broward, Sarasota and Collier.
- floridarevenue.com — “70 cents on each $100 or portion thereof of the total consideration”
- flsenate.gov — “on each $100 of the consideration therefor the tax shall be 70 cents”
Worked example
A $400,000 home in Florida, 20% down
Loan of $320,000 at 6.5%, closing on the 15th. Lender, title and recording figures are typical line items used for illustration, the same on every state page; the transfer tax follow Florida’s rules above. Not a quote: the calculator takes your own figures.
Buyer pays
| Loan origination, 1% of the loan | $3,200 |
| Appraisal | $550 |
| Title and settlement services | $1,800 |
| Lender’s title policy | $900 |
| Recording | $150 |
| Prepaid interest, 15 days at 6.5% | $855 |
| Escrow reserve, 3 months of tax at 1.1% | $1,100 |
| First year of homeowners insurance | $1,500 |
| Total (2.514% of price) | $10,055 |
Seller pays
| Commission, 5% | $20,000 |
| Title and escrow fees | $2,000 |
| Owner’s title policy (estimate) | $1,500 |
| Prorated property tax | $1,500 |
| Transfer tax, seller’s share (0.7%) | $2,800 |
| Total | $27,800 |
Questions
What people ask about Florida
- Who pays the transfer tax in Florida?
- Florida charges a state transfer tax of $0.70 per $100 of consideration (documentary stamp tax on deeds, Fla. Stat. § 201.02); $0.60 per $100 in Miami-Dade County for single-family residences, about 0.7% of the price, and the seller customarily pays it. Miami-Dade charges $0.60 per $100 plus a $0.45 per $100 surtax that does not apply to single-family homes. Buyers with a mortgage also pay documentary stamps on the note ($0.35 per $100) and intangible tax of 0.2% on the mortgage.
- Do you need an attorney to close on a house in Florida?
- Florida does not require an attorney at closing; a title or escrow company usually conducts it, and an attorney is optional.
- Who pays for the owner’s title policy in Florida?
- Who pays the owner’s title policy in Florida varies by county or region; it is set by local custom and the contract.
- How much are seller closing costs in Florida?
- On a $400,000 sale with a 5% commission, the worked example on this page comes to $27,800 for the seller, including $2,800 of transfer tax, before the mortgage payoff and any concessions or repairs. The seller net sheet calculator shows the walk-away figure.
Last reviewed September 8, 2026 by the EstatePass editorial team. Formulas and program limits are checked against the published rules; figures on this page are arithmetic, not market statistics.
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