Florida Seller Closing Cost Calculator (2022)

Written by Steven PorrelloSeptember 14th, 20225 minute read

Jump to section: Florida seller closing costs calculator | Full cost breakdown | How to save | FAQ

Seller Closing Cost Calculator for Florida

Use our Florida seller closing costs calculator to estimate how much you'll owe and your net proceeds when you sell your home.

Florida sellers should expect to pay closing costs between 6.25–9.0% of the home’s final selling price, including real estate agent commissions. Based on the median home value in Florida ($388,635),[1] that’s anywhere from $23,290–34,980.

Florida seller closing costs can vary considerably by county and circumstance. Our calculator can help you ballpark your closing costs and net proceeds. Talk to your real estate agent or attorney for a more accurate estimate.

Quick Tip: The best way to save on closing costs as a seller is to lower your realtor commission rate, which is the biggest closing cost by far. When you find your agent through Clever Real Estate, you save up to 50% on commission — $9,600 on average! Learn more

Florida seller closing cost calculator

Florida seller closing costs: In-depth breakdown

While fees will vary based on your situation, here's how much you can expect to pay in Florida closing costs.

Closing cost
Amount
5–6% of home sale
$0.70 per $100 of the home sale ($0.60 in Miami-Dade county)
Home warranty
$420–$745
$100 maximum
$300–$500
1–3% of home sale
Mortgage satisfaction
$75–$125
0.5% of home sale
0.7% of home sale
$100–$200
Varies based on time of sale
$50–$75
$75–$150

Realtor commission fees: 5-6% of sale price

In Florida, the seller usually pays commissions for all agents involved in the sale, both sellers and buyers. You’ll typically pay between 5% to 6% of your home sale to these agents, though you might be able to find agents who have lower rates. For the median home sale in Florida ($388,635), commission costs around $19,431 to $23,318.

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Documentary stamp tax: 0.6–0.7% of sale price

Documentary stamp taxes (“doc stamps”) are excise taxes that you pay on certain real estate documents, such as property deeds and mortgages. Unless you live in Miami-Dade County, you’ll pay $.70 for every $100 of the final sale price. For Miami-Dade residents, you’ll pay $.60 per $100.[2]

For example, for a home that sells for $350,000, you’d pay $2,450 in documentary stamp taxes.

HOA transfer fee: Up to $100

Some homeowners associations ask you to pay an exit fee called the HOA transfer fee. These fees cover the cost of transferring ownership records from you to the buyer. While this fee can fluctuate in other states, Florida law states that your HOA cannot charge you more than $100.

HOA estoppel letter: $300–500

An estoppel letter verifies that you’ve paid your HOA dues. This is important to banks and lenders as unpaid HOA dues could put a lien on the home.

Seller assist (concessions): 1–3% of sale price

Seller assists—sometimes called contributions or concessions—are costs that sellers agree to pay to make homes more affordable for buyers. Seller assists typically cover the buyer’s costs, such as home appraisals, inspections, title insurance, loan origination fees, and attorney fees. These fees are more common in buyers' markets when sellers are trying to attract more competition.

Title insurance (owner policy): 0.5% of sale price

Title insurance protects homeowners against any problems or flaws that may arise with the title, such as outstanding liens. It protects homeowners from getting sued if someone else claims to be the lawful owner of the property.

Title examination fee: 0.7% of sale price

A title examination looks closely at your home’s history of ownership to determine if you’re the rightful owner. Title examiners also look for any lingering liens or judgments on the property, which would bind the home to another party. These searches usually take about five business days and cost anywhere from $100 to $200.

Municipal lien search: $100–200

Much like a title examination, a municipal lien search will check to see if there are “municipal” charges that need to be addressed, such as lingering code violations, unpaid water or sewer balances, or expired building permits.

Prorated property taxes: Varies

You’ll owe property taxes for every day you owned your home within the year you sold it. For instance, if you sold your home on October 1, then you would owe property taxes for the dates between January 1 and October 1.

Courier fees: $50–75

If you currently have a mortgage on your home, you’ll pay courier fees to transfer funds to your lender, thus paying off your loan. While it might seem counterintuitive to pay money to transfer money, you’re basically paying to transfer the funds overnight (or instantly).

Pest inspection: $75–100

If your buyer is getting a VA loan, you’ll need to get a pest inspection. Be sure to get a WDO report (wood-destroying organism), as the VA requires an inspection of wood-destroying pests.

How to save on Florida seller closing costs

✅ Sell with a low commission realtor

In Florida, if you sell your home with a conventional realtor, you'll generally pay between 5–6% in total real estate agent commissions at closing: 2.5–3% goes to your listing agent, and 2.5–3% goes to the buyer's agent (yes, sellers typically cover the buyer's agent fee).

Realtor commissions are generally the largest transaction-related fee you'll pay as a seller. But the good news is that it's also easy to save on commission and significantly lower your closing costs. When you find your real estate agent through a low commission real estate company like Clever Real Estate, you can literally cut that 6% total commission fee in half.

Clever is a free nationwide service that matches you with top-rated local agents and pre-negotiates 1% listing fees on your behalf. That means you get full service from a conventional realtor (Keller Williams, Century 21, etc.) for a faction of the typical cost. The average Clever seller savings $9,600 in realtor fees at closing!

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✅ Negotiate closing costs with the buyer

Buyers and sellers each pay a portion of the closing costs, but sellers nearly always pay more. But in certain sellers' markets, you may have the upper hand in asking buyers to share a larger portion of the fees.

For example, you could ask sellers to pay for some of the real estate commission, title insurance, or home warranty. You could also forgo the seller assist (concessions).

When it comes to negotiations like this, working with a great agent is crucial.

✅ Shop for better rates

You may also save money by comparing rates on certain mandatory services, such as home warranties, title insurance, municipal lien searches, and pest inspections.

Florida seller closing cost calculator FAQ

Both the buyer and seller pay closing costs in Florida. The seller usually pays around 6.25–9.0% of the home’s final sale price, while the buyer pays 3–5%.

To sell your house in Florida, you should be prepared to pay real estate agent fees and closing costs, which include a documentary stamp tax, home warranty, HOA transfer fee, title insurance, and more.

ARTICLE SOURCES
[2]

Florida Revenue. "Documentary Stamp Tax."