Erik Michor | Realtor® | Tampa Bay & Florida Gulf Coast813.495.5372 · Sales@MyFloridaHomeMarket.com
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Seller Net Proceeds Calculator

Sale price isn't what you walk away with. This estimates what's left after everything that comes out at a Florida closing.

Request a payoff statement from your lender — it includes interest through the payoff date and any fees, so it's usually higher than your current balance.
Commission is negotiable and always has been. Following the 2024 NAR settlement changes, buyer-agent compensation is negotiated separately and handled differently than before — discuss the current structure with your agent.
Commonly 0.70% ($0.70 per $100) outside Miami-Dade. Customarily paid by the seller in most counties, but negotiable. Verify the current rate with your title company.
Owner's title policy, settlement fee, recording. Who pays varies by county custom and by contract.
Your share of the year's taxes through the closing date. Florida taxes are paid in arrears, so sellers typically owe a credit to the buyer.
Prorated dues, estoppel fee, and any CDD operations portion owed through closing. The CDD bond portion normally transfers with the home.
Closing cost credits or repair credits negotiated with the buyer.
Paint, cleaning, landscaping, inspection-driven repairs.
Moving, storage, survey, home warranty, attorney — whatever else applies.
Estimated net proceeds
$0
Your proceedsMortgage payoff CommissionClosing costsOther

Estimate only. Your actual settlement statement governs.

Get a real net sheet from Erik

Florida-specific costs to watch. Documentary stamp tax on the deed is a real line item that surprises out-of-state sellers. Property taxes are paid in arrears here, so sellers usually owe a prorated credit to the buyer at closing. And if your community has a CDD, the operations portion prorates while the bond portion normally transfers with the home — unless you pay it off, which is sometimes worth doing and sometimes not.

What comes out of a Florida closing

Mortgage payoff

Usually the largest single deduction. Request an official payoff statement rather than using your current balance — payoff figures include interest through the anticipated payoff date and any lender fees, so they run higher. If you have a HELOC or second mortgage, that pays off too.

Real estate commission

Negotiable, and the structure changed following the 2024 NAR settlement. Buyer-agent compensation is now negotiated separately rather than assumed, and listing agreements handle it differently than they used to. Ask your agent to walk through exactly what you're agreeing to and what it covers.

Documentary stamp tax

Florida taxes the deed transfer based on the sale price. Outside Miami-Dade the rate is commonly 70 cents per $100, or 0.7 percent — about $3,500 on a $500,000 sale. Customarily a seller cost in most counties, though it's negotiable. Rates and local customs can change, so confirm with your title company.

Title and closing services

Owner's title insurance policy, settlement or closing fee, and recording costs. Who pays for the owner's policy varies by county custom across Florida and is negotiable in the contract.

Prorated property taxes

Florida property taxes are billed in arrears, covering the year that just passed. At closing the seller typically credits the buyer for the portion of the year they owned the home. On a home with a $6,400 annual bill closing mid-year, that's roughly $3,200.

HOA and CDD amounts

Prorated dues plus an estoppel fee from the association. If there's a CDD, the operations and maintenance portion prorates like taxes; the bond portion normally stays with the property and transfers to the buyer. Paying off the remaining bond is an option some sellers consider — whether it helps depends on the balance and how it affects buyer perception. More on CDD fees →

Seller concessions

Credits negotiated with the buyer, often after inspection or to help with their closing costs. In slower markets these become more common and can be worth more to a buyer than an equivalent price reduction, since credits reduce cash needed at closing.

What this calculator does not include

Capital gains tax. Whether you owe anything depends on your gain, ownership and use history, and filing status. Federal rules provide an exclusion for primary residences that meet the tests, and Florida has no state income tax — but this is a question for a CPA, not a calculator.

Anything specific to your contract. Who pays what is negotiable, and your executed contract controls. The final settlement statement from your title company is the authoritative number.

Common questions

How do I calculate what I'll actually net from selling my house?
Start with the sale price, then subtract everything that comes out at closing: your remaining mortgage payoff, real estate commission, Florida documentary stamp tax on the deed, title and closing service fees, prorated property taxes owed through the closing date, any HOA or CDD amounts due, seller concessions negotiated with the buyer, and any repairs or prep work you paid for. What remains is your net proceeds. The largest variables are usually the mortgage payoff and the commission.
What is Florida documentary stamp tax on a deed?
Florida charges a documentary stamp tax on deeds transferring real property, calculated on the sale price. Outside Miami-Dade the rate is commonly 70 cents per $100 of consideration, which works out to 0.7 percent. Miami-Dade uses a different structure. By custom the seller usually pays it in most Florida counties, though this is negotiable in the contract. Confirm the current rate and local practice with your title company, since rates and customs can change.
Who pays title insurance in Florida — buyer or seller?
It varies by county custom and is ultimately negotiable in the contract. In much of Florida, including many Tampa Bay counties, the seller customarily pays for the owner's title insurance policy, but the practice differs across the state and can be negotiated either way. Your title company can tell you what is customary for your specific county and what your contract actually specifies.
Will I owe capital gains tax when I sell?
It depends on your gain, how long you owned and lived in the home, and your filing status. Federal rules provide an exclusion on gain from the sale of a primary residence for those who meet ownership and use tests, and Florida has no state income tax. Whether you owe anything, and how much, is a tax question specific to your situation — this calculator does not estimate it, and you should speak with a CPA or tax professional before assuming an outcome.
What happens to my CDD assessment when I sell?
The operations and maintenance portion is typically prorated between buyer and seller at closing like property taxes. The bond or capital portion generally transfers with the property and continues to be billed to the new owner, unless it has been paid off. Some sellers pay off the remaining bond before closing, which can affect both net proceeds and how the home is positioned to buyers. Whether that makes sense depends on the community and the remaining balance.
Should I make repairs before listing?
Sometimes, but not always, and rarely all of them. Some work reliably returns more than it costs — paint, cleaning, landscaping, and addressing anything that would fail an inspection or an insurance underwriting review. Roof age in particular affects a Florida buyer's ability to get insured, which can affect their financing. Large discretionary renovations often return less than they cost. The right answer depends on your specific home, the competition, and your timeline.

Related tools and guides

Mortgage calculator · Seller guide · Pricing strategy · CDD fee guide

Want a real net sheet?

This tool works from the figures you enter. For your actual home I can prepare a seller net sheet using current comparable sales, your real payoff, the actual tax proration for your closing window, and your community's estoppel and CDD figures — so you know the number before you list, not at the closing table. Ask Erik →