The standard charges
Expect lender fees (origination, underwriting, appraisal), title charges (search, title insurance, settlement), government recording fees and Florida transfer taxes, and prepaid escrow items — first-year homeowners insurance, several months of property taxes and prepaid interest. Buyers commonly budget a low single-digit percentage of the purchase price; your Loan Estimate states the exact figures.
Waterfront extras
Flood insurance, where required, is typically paid for the first year at closing. Marine and seawall inspections, and sometimes an updated survey, are paid along the way and are worth every dollar on a canal property. Budget for them during the inspection period.
Condominium extras
Beachfront and near-beach condo purchases — including the buildings along A1A around the pier and Fishing Village — add association application fees, transfer fees and an estoppel certificate confirming the seller's account standing. Some buildings charge move-in deposits. Request the association's fee schedule early so the closing statement matches what you expected.
Negotiating and protecting your funds
Seller credits toward closing costs are negotiable in the purchase contract, and lender credits can trade a slightly higher rate for lower upfront costs. And always verify wiring instructions by phone, with a number you looked up yourself, before sending money — wire fraud targets buyers at closing.
Let's talk it through
I'll give you a realistic closing-day picture for the property you're considering, waterfront extras included, before you write the offer.
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