Free Miami Beach, Florida seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Miami Beach, Florida (Miami-Dade County). The calculator applies the local rates for you.
- Median home value
- $542,000
- Transfer tax on $540,000
- $3,240
- Seller costs on $540,000
- About $31,159
- Median property tax bill
- $5,152 a year
- County
- Miami-Dade County
- Population
- 83,251
Miami Beach transfer tax
On a $540,000 sale in Miami Beach, transfer taxes come to $3,240: Documentary stamp tax on deed (Miami-Dade, single-family residence). By custom the seller pays it. A buyer who finances 80% of the price also pays $2,376 in mortgage taxes (Documentary stamp tax on note (new mortgage) and Intangible tax on new mortgage).
| Tax | Rate | Paid by | On $540,000 |
|---|---|---|---|
| Documentary stamp tax on deed (Miami-Dade, single-family residence) | $0.60 per $100 (houses, townhomes, condo and co-op units) | Seller | $3,240 |
| Documentary stamp tax on note (new mortgage) | $0.35 per $100 | Buyer | $1,512 |
| Intangible tax on new mortgage | $2.00 per $1,000 | Buyer | $864 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $1,500 | $0 | $1,500 |
| $500,000 | $3,000 | $0 | $3,000 |
| $540,000 local median value | $3,240 | $0 | $3,240 |
| $1,000,000 | $6,000 | $0 | $6,000 |
Example Miami Beach seller net sheet
A $540,000 sale, close to Miami Beach's median home value of $542,000, with a 5% commission and a $325,000 mortgage payoff. Seller costs come to about $31,159, or 5.8% of the price.
| Line | Seller |
|---|---|
| Sale price | $540,000 |
| First mortgage payoff | −$325,000 |
| Real estate commission (5%) | −$27,000 |
| Documentary stamp tax on deed (Miami-Dade, single-family residence) | −$3,240 |
| Settlement / closing fee | −$550 |
| Release / satisfaction recording | −$18.50 |
| Municipal lien search | −$150 |
| Deed preparation | −$150 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $183,841.50 |
Who pays what in Miami Beach
Miami Beach closings follow Miami-Dade County customs. Buyer customarily pays the owner's policy and chooses the closing agent in Miami-Dade County. The settlement fee is paid by each side for its own closing. Closings are usually handled by a title company or attorney.
Property taxes in Miami Beach
The median property tax bill for homeowners in Miami Beach is $5,152 a year, about 0.95% of the median home value of $542,000 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Miami-Dade County Tax Collector bills Nov 1 (4% discount in Nov, 3% Dec, 2% Jan, 1% Feb; due Mar 31).
Rates verified 2026-09-30. Home value and tax bill: Census Bureau American Community Survey, 2019–2023. A net sheet is an estimate; final figures come from the title company.
Miami Beach seller questions
How much is the transfer tax in Miami Beach, Florida?
On a $540,000 sale in Miami Beach, transfer taxes come to $3,240: Documentary stamp tax on deed (Miami-Dade, single-family residence). By custom the seller pays it. A buyer who finances 80% of the price also pays $2,376 in mortgage taxes (Documentary stamp tax on note (new mortgage) and Intangible tax on new mortgage).
How much are seller closing costs in Miami Beach?
On a $540,000 sale, close to the median home value in Miami Beach, with a 5% commission, estimated seller costs are about $31,159 (5.8% of the price). Without commission they are about $4,159. The loan payoff and property tax proration change the final number.
What county is Miami Beach in, and does it matter at closing?
Miami Beach is in Miami-Dade County, Florida. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. Buyer customarily pays the owner's policy and chooses the closing agent in Miami-Dade County. The settlement fee is paid by each side for its own closing.
How much are property taxes in Miami Beach?
The median property tax bill for homeowners in Miami Beach is $5,152 a year, about 0.95% of the median home value of $542,000 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Miami-Dade County Tax Collector bills Nov 1 (4% discount in Nov, 3% Dec, 2% Jan, 1% Feb; due Mar 31).
Other cities in Miami-Dade County
- Miami
- Hialeah
- Miami Gardens
- Homestead
- Doral
- Kendall
- North Miami
- The Hammocks
- Fountainebleau
- Westchester
- Kendale Lakes
- Tamiami
Cities near Miami Beach
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