Sellers are typically responsible for paying the Florida Documentary Stamp Tax on the deed, while buyers who are financing usually foot the stamp tax bill on the mortgage itself.
United States government agencies; Florida government agencies; and Florida's counties, municipalities, and political subdivisions are exempt from documentary stamp tax.
Exactly who pays the transfer tax in Florida can be negotiated, but usually, the seller is responsible. Clever Real Estate can help you cut costs here — our concierge team will partner you with an experienced agent who can help you negotiate a good deal with your buyer on transfer taxes.
Tax is generally not due if the property is not mortgaged or if the marital home is transferred due to a divorce. Documentary stamp tax is due on the original issuance of bonds in Florida.
$0.70 per $100 of consideration or fraction thereof on deed or other instrument conveying an interest in Real Estate. A minimum of . 70 cents doc stamps must be affixed to deeds which have a consideration of $100 or less.