How Much Does It Cost to Sell a House in South Tampa?
Sale price and take-home are two different numbers. Here is what South Tampa sellers should plan for so there are no surprises at closing.
By Scott Mayhew, Realtor® · RE/MAX Champions · Tampa, FL
Most South Tampa sellers plan for agent compensation as negotiated, Florida documentary stamp tax on the deed, the owner’s title policy (customarily seller-paid in Hillsborough County), closing fees, prorated taxes and HOA dues, repairs or credits, and loan payoffs.
The Main Seller Costs
| Cost | What to know |
|---|---|
| Documentary stamp tax | $0.70 per $100 of the sale price on the deed. On $800,000, that is $5,600. |
| Owner’s title policy | Customarily paid by the seller in Hillsborough County, though negotiable. |
| Compensation | Set by your listing agreement and negotiations. Always negotiable. |
| Closing fees | Settlement, lien search, recording and courier charges. |
| Prorations | Property taxes and any HOA dues through closing. |
| Repairs and credits | Negotiated after inspection. |
| Payoffs | Mortgage, equity lines and liens. |
South Tampa Extras to Budget For
- Older homes: 4-point and wind mitigation items that insurers flag. See selling a historic home.
- Flood zones: elevation certificates and disclosure on Davis Islands and near the bay. See selling on Davis Islands.
- Condos and HOAs: estoppel and association document fees.
Estimate Your Net
- Start with a realistic price from recent nearby sales
- Subtract compensation, doc stamps, title and closing fees
- Subtract repairs, credits and prorations
- Subtract payoffs
Ask for a net sheet with your home value review.
Frequently Asked Questions
Who pays doc stamps in Tampa?
The seller customarily pays the documentary stamp tax on the deed in Hillsborough County.
Who pays title insurance in Hillsborough County?
The seller customarily pays for the owner’s title policy, though it can be negotiated.
Are agent commissions negotiable in Tampa?
Yes. Compensation is set by your agreements.
What is a seller net sheet?
An estimate of what you will receive after costs and payoffs.
Get a Clear Plan for Your Tampa Home
Scott Mayhew will give you an honest value, a realistic timeline and the selling option that nets you the most.
General information for Tampa homeowners, not legal, tax or financial advice. Talk with the appropriate professional about your situation.