What is documentary stamp tax?

A Florida tax on documents that transfer real estate or secure a loan. On a sale it is charged on the deed, based on the price; on a new mortgage it is also charged on the promissory note, based on the amount financed.

Why is Miami-Dade different?

Miami-Dade County's deed rate is $0.60 per $100 instead of $0.70, and it adds a $0.45 per $100 surtax when the property is not a single-family residence.

Who pays these taxes — the buyer or the seller?

The purchase contract decides that, and it is negotiable. Read the closing-cost section of your contract and ask your agent or closing agent before you sign.

Why does a cash purchase show fewer lines?

The note stamps and the intangible tax apply only to a new mortgage. With no mortgage, only the deed tax applies.

Florida Doc Stamp & Closing Tax Calculator

Estimate the Florida state taxes on a home sale and a new mortgage — deed doc stamps, note doc stamps and intangible tax — for any of the 67 counties.

Estimated Florida closing taxes

Enter a sale price and choose a county to see the estimate.

Who pays each item — buyer or seller — is set by the purchase contract and is negotiable.

How it's calculated

Deed doc stamps (s. 201.02, F.S.): $0.70 per $100 of the price. In Miami-Dade County, $0.60 per $100, plus a $0.45 per $100 surtax when the property is not a single-family residence.
Note doc stamps (s. 201.08, F.S.): $0.35 per $100 of the amount financed.
Intangible tax (s. 199.133, F.S.): 0.2% (2 mills) of the mortgage amount.
Doc stamps are charged on each $100 or part of $100, so the price and loan are rounded up to the next $100.

An estimate of state taxes only

This is an estimate of Florida state taxes only. It does not include title insurance, lender, HOA, recording or other fees. Confirm the figures with your title company or closing agent. Who pays each item is set by the purchase contract and is negotiable.

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Florida closing tax questions

What is documentary stamp tax?: A Florida tax on documents that transfer real estate or secure a loan. On a sale it is charged on the deed, based on the price; on a new mortgage it is also charged on the promissory note, based on the amount financed.
Why is Miami-Dade different?: Miami-Dade County's deed rate is $0.60 per $100 instead of $0.70, and it adds a $0.45 per $100 surtax when the property is not a single-family residence.
Who pays these taxes — the buyer or the seller?: The purchase contract decides that, and it is negotiable. Read the closing-cost section of your contract and ask your agent or closing agent before you sign.
Why does a cash purchase show fewer lines?: The note stamps and the intangible tax apply only to a new mortgage. With no mortgage, only the deed tax applies.

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