Breakdown of Costs Every Florida Real Estate Seller Should Know

Selling your Florida home is exciting—but it’s also a financial transaction with many moving parts. To avoid surprises and protect your profit, you need to understand exactly what costs you’re responsible for as a seller.

Here’s a complete breakdown of the most common expenses you’ll face—and how to prepare for them.

1. Real Estate Commission

This is often your largest cost. In Florida, sellers typically pay 5–6% of the sale price, which is split between the listing and buyer’s agents. This fee covers marketing, negotiation, showings, contract management, and more.

2. Title Insurance (Owner’s Policy)

In most parts of Florida, the seller pays for the buyer’s title insurance, which protects the buyer from undiscovered title issues. Cost is based on the sale price, but expect $1,000–$3,000+ for an average home.

3. Documentary Stamp Tax

Florida charges a state transfer tax—commonly known as doc stamps—on all real estate sales. Rate:

• $0.70 per $100 of the sale price (or $0.60 in Miami-Dade County)

Example: $500,000 sale = $3,500 in transfer taxes.

4. Title Company / Closing Agent Fees

Whoever handles your closing (title company or attorney) will charge processing or settlement fees. These vary by provider and region but are usually $500–$1,500.

5. Prorated Property Taxes

You’ll be responsible for paying your share of property taxes up to the closing date. These are calculated per diem and subtracted from your net proceeds at closing.

6. HOA Dues or Estoppel Fees

If your property is in a community with an HOA, you’ll likely pay:

• Estoppel fees (certificate from HOA)
• Prorated dues up to the closing date

Typical estoppel fees: $200–$500

7. Mortgage Payoff / Liens

Any remaining mortgage balance or liens on your property must be satisfied before closing. Your title company will request final payoff figures from your lender(s).

8. Repair Credits or Concessions

You may agree to provide a credit for repairs following the inspection. Alternatively, you might agree to cover a portion of the buyer’s closing costs.

9. Optional Costs to Consider

• Pre-listing inspections or repairs
• Home warranty (if offering to buyer)
• Professional staging or photography
• Deep cleaning or curb appeal upgrades

These can enhance saleability but should be weighed against potential return.

Why Work With a Local Expert?

Michael Renick and Team Renick – Mangrove Realty Associates Inc. have deep experience navigating every type of Florida seller expense—from basic to unexpected. They’ll help you understand what to expect, what’s negotiable, and what’s truly necessary to close the deal with confidence.

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