Palm Beach Buyer Closing Cost Calculator
Florida statute, promulgated title rates, and Palm Beach County local custom built into the math. Adjust the purchase price, down payment, and property type to see the full line-item breakdown.
Your purchase
On a $3.00M 70%-financed purchase in Palm Beach County, buyer closing costs run approximately $28,606 (0.95% of purchase price). The dominant line items are the mortgage doc stamp + intangible tax (0.55% combined) and lender / title fees.
Statutory taxes
$11,5500.35% of mortgage amount, paid by buyer at closing.
Source: FL §201.08
0.20% one-time tax on the principal amount of the mortgage.
Source: FL §199.133
Title insurance
$1,956Estimated at the simultaneous-issue rate when purchased alongside an owner's policy.
Source: Promulgated FL rate (simultaneous-issue estimate)
Service + lender fees
$15,100Range: $1,500-$3,500 for HNW transactions. Attorney is not legally required in Florida but recommended for purchases above $1M.
Source: Market typical (PB / Miami HNW transactions)
Includes deed recording (~$10/page) and mortgage recording fees if financed.
Source: FL §28.24 + county schedule
Buyer credits / reimburses seller for the portion of the calendar year past the closing date. Calculation requires the closing date and current millage rate.
Source: Varies by closing date
Required for most lenders. Range: $350-$600 for typical single-family properties.
Source: Market typical
Estimated at 0.5% of loan amount. Varies by lender — range 0% to 1.5% on HNW jumbo loans.
Source: Market typical
Single-property appraisal. Complex / luxury properties may run $800-$1,500.
Source: Market typical
Source: Market typical
Closing math is the floor — your transaction is the structure.
The numbers above are the statutory floor. Trust structures, financing terms, and HOA-specific overlays at trophy buildings can shift the picture meaningfully. For trans-market clients (Manhattan + Palm Beach), a 30-minute consultation gets you the full structuring framework before contract.
The Roebling Team at Compass executes transactions directly in Manhattan. For Palm Beach buyers and sellers, we collaborate with Compass agents in Palm Beach via referral — clients work with the best on-the-ground representation while keeping the analytical framework consistent across markets. This calculator is an informational research tool, not solicitation of representation.
For trans-market clients (Manhattan + Palm Beach portfolios) or to discuss your specific transaction, schedule a consultation. Where appropriate, we’ll introduce you to a vetted Compass agent in the local market.