Florida's transfer tax on deeds: the largest single line on most sellers' closing statements.
The tax applies to the full consideration — the purchase price, including any mortgage the buyer assumes — rounded up to the nearest $100. At $0.70 per $100 the arithmetic is simply price × 0.007: a $300,000 sale pays $2,100; $600,000 pays $4,200. In Miami-Dade the deed rate is $0.60 per $100, and a $0.45-per-$100 surtax applies to transfers of property other than single-family residences.
Florida law does not assign the tax to either party — payment is negotiable and set in the contract. By long-standing custom the seller pays doc stamps on the deed in nearly every Florida county. Buyers who finance also pay separate documentary stamp tax on the note ($0.35 per $100 of the loan amount) and nonrecurring intangible tax on the mortgage ($2 per $1,000), which appear on the buyer's side of the closing statement.
Because it scales with price, doc stamps are usually the seller's largest closing cost after the commission. Our cost-to-sell breakdown works the full stack — doc stamps, title, recording under §28.24, and county customs — with the statute citations. To price your own sale or purchase by county, use our doc stamp and title insurance calculator.
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