Calculator · Selling
Palm Beach County seller closing cost calculator
Short answer
Sellers in Palm Beach County usually pay the listing brokerage fee, Florida’s documentary stamp tax on the deed ($0.70 per $100 of the price), the owner’s title insurance policy (by local custom) and prorated property taxes. On a $650,000 sale, doc stamps come to $4,550 and the owner’s title policy to $3,325.
Your sale
Brokerage fees are negotiable; enter the terms from your listing agreement. Buyer’s agent compensation applies only if you agree to offer it.
Estimated net proceeds
$307,205
After seller costs and your mortgage payoff
- Sale price
- $650,000
- Listing brokerage fee (2.5%)
- −$16,250
- Buyer’s agent compensation (0%)
- $0
- Documentary stamp tax on the deed
- −$4,550
- Owner’s title insurance
- −$3,325
- Settlement, lien search and title fees
- −$1,200
- Property taxes, Jan 1 to mid-October
- −$7,470
- HOA or condo fees
- $0
- Repairs or credits to the buyer
- $0
- Total seller costs
- −$32,795
- Mortgage payoff
- −$310,000
Estimate only. The title premium uses Florida’s promulgated rates (liability rounded up to the next $1,000), doc stamps are $0.70 per $100 rounded up, and the tax proration assumes a mid-month closing with this year’s bill unpaid. Your settlement statement is final.
Explained
What sellers pay at closing in Palm Beach County
How much is Florida’s documentary stamp tax on a home sale?
$0.70 for every $100 of the sale price, rounded up to the next $100, in every county except Miami-Dade. The seller customarily pays it. On a $650,000 sale it comes to $4,550.
Who pays for title insurance in Palm Beach County?
By local custom the seller pays for the owner’s policy and usually chooses the title company, though your contract can say otherwise. Florida sets title premiums by rule, so the base premium is the same at every title company; settlement and search fees vary.
How are property taxes handled at closing?
Florida property taxes are paid in arrears, so the seller usually credits the buyer for the part of the year they owned the home. If you’ve already paid this year’s bill, the credit runs the other way.
Do sellers still pay the buyer’s agent?
Only if they agree to. Since August 2024, offers of buyer-agent compensation are no longer made through the MLS; many buyers now pay their agent directly or ask the seller for help in their offer. It’s negotiable.
Want a net sheet for your actual home?
Start with a comp report, then Oleg will fill in real numbers from your mortgage statement and tax bill.