| Transfer tax | Documentary stamp tax: $0.70 per $100 of consideration (all but Miami-Dade); Miami-Dade $0.60 per $100. |
|---|---|
| Usually paid by | Seller (customary) |
| Mortgage tax | Documentary stamps $0.35 per $100 of the mortgage plus a nonrecurring intangible tax of $2.00 per $1,000 of new mortgage debt (borrower-paid). |
| Attorney at closing | Not required |
| Recording | Recording fees set by county; e.g. first page ~$10, additional pages ~$8.50. |
What drives your total
Lender fees, title insurance, prepaid taxes and insurance, and any points you buy move the number most. On a $400,000 purchase, 2–5% means roughly $8,000–$20,000 at the table, your Loan Estimate itemizes every dollar three business days before closing.
Ways to reduce cash to close
- Seller credits (negotiated in the contract, program limits apply)
- Lender credits in exchange for a slightly higher rate
- Down payment assistance programs where available
- Closing on time, per-diem interest accrues daily
Sources: Tax Foundation 2026 (2024 ACS); FL Dept. of Revenue. Figures are typical ranges, not quotes.
FAQ
How much are closing costs in Florida?
Buyer closing costs in Florida typically run 2–5% of the purchase price. State-specific items include: Documentary stamp tax: $0.70 per $100 of consideration (all but Miami-Dade); Miami-Dade $0.60 per $100. Mortgage tax: Documentary stamps $0.35 per $100 of the mortgage plus a nonrecurring intangible tax of $2.00 per $1,000 of new mortgage debt (borrower-paid).
Who pays transfer tax in Florida?
Customarily the seller (customary) pays the transfer tax in Florida, though it is negotiable in the contract.
Does Florida require an attorney at closing?
No, Florida does not require an attorney at closing, though title insurance is still standard.