Seller Net Proceeds Calculator (Florida)
Estimate the cash you would walk away with when you sell a Florida home: sale price minus the loan payoff, commission, deed doc stamps, title fees, concessions, estoppel and the prorated taxes.
Your estimated net proceeds
Enter a sale price and choose a county to see the estimate.
An estimate from your own numbers — not financial, tax or legal advice. Who pays each item is set by the purchase contract and is negotiable; the closing agent's settlement statement is the figure that counts. Talk to a licensed agent and a lender before you decide.
How it's calculated
- Net proceeds = sale price − loan payoffs − commission − deed doc stamps − title and closing fees − repairs and concessions − estoppel − prorated taxes − other costs.
- Deed doc stamps: $0.70 per $100 of the price (s. 201.02, F.S.); Miami-Dade $0.60 per $100 plus a $0.45 surtax when the property is not a single-family residence. Rounded up to the next $100.
- Tax proration: last annual bill × days from January 1 to the day before closing ÷ days in the year.
Florida notes
- Who pays the title policyis a matter of county custom and contract: in much of Florida the seller pays for the owner's policy, while in Miami-Dade, Broward and some other counties the buyer customarily does. The contract controls.
- Capital gains: federal law may exclude up to $250,000 of gain ($500,000 for a married couple) on a primary residence you owned and lived in for two of the last five years. Florida has no state income tax. Ask a tax professional about your situation.
- Buying next? The note stamps and intangible tax on a new mortgage are in the closing tax calculator.
An estimate from your own numbers, not financial, tax or legal advice, and not an opinion of what your home is worth. Talk to a licensed agent about pricing and a closing agent for the settlement statement.
Not sure what your home would sell for?
A licensed real-estate professional can prepare a comparative market analysis from recent sales near you, at no cost and with no obligation, and walk through the costs line by line.
Seller closing-cost questions
- What does a seller usually pay at a Florida closing?
- The mortgage payoff, the agreed commission, documentary stamp tax on the deed, and often the owner's title policy and settlement fee, plus any repairs or credits negotiated with the buyer, the association's estoppel certificate, and a credit for the property taxes accrued since January 1. Who pays what is set by the contract and varies by county custom.
- Why is there no default commission?
- Commissions are not set by law or by any association; they are negotiable and agreed in your listing agreement. Enter the total you agreed to, including anything you offer toward the buyer's agent.
- How are property taxes prorated?
- Florida taxes are paid in arrears: the bill for the year arrives in November. At closing the seller credits the buyer for the days from January 1 through the day before closing, usually based on the last bill. The contract can set a different method, and the closing agent does the final math.
- Why is the payoff more than my statement balance?
- A payoff letter adds interest through the payoff date and any fees, so it is higher than the principal on the statement. Ask the lender for a payoff dated for closing.
- What is an estoppel certificate?
- A statement from the condo or homeowners association of what the seller owes it and whether any violations or assessments are pending. Florida statute caps the fee the association can charge for it; ask the association for the current amount.
Tell us what you need
Selling, buying, renting or moving to Florida — a licensed real-estate professional will contact you. No obligation.
Licensed brokerage
Premier Real Estate Group Inc
Broker of record Maxim Bohadana, Florida broker license BK3314523
(954) 703-4504