<SEC-DOCUMENT>0000000000-23-012928.txt : 20240201
<SEC-HEADER>0000000000-23-012928.hdr.sgml : 20240201
<ACCEPTANCE-DATETIME>20231128133611
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-23-012928
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20231128

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FRP HOLDINGS, INC.
		CENTRAL INDEX KEY:			0000844059
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE [6500]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				472449198
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		UPLOAD

	BUSINESS ADDRESS:	
		STREET 1:		200 W. FORSYTH ST.
		STREET 2:		7TH FLOOR
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32202
		BUSINESS PHONE:		9043965733

	MAIL ADDRESS:	
		STREET 1:		200 W. FORSYTH ST.
		STREET 2:		7TH FLOOR
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PATRIOT TRANSPORTATION HOLDING INC
		DATE OF NAME CHANGE:	20010425

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FRP PROPERTIES INC
		DATE OF NAME CHANGE:	19920703
PUBLIC REFERENCE ACCESSION NUMBER:		0000844059-23-000014
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.pdf
<TEXT>
<PDF>
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<DOCUMENT>
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<SEQUENCE>2
<FILENAME>filename2.txt
<TEXT>
United States securities and exchange commission logo





                             November 28, 2023

       John D. Baker III
       Treasurer and Chief Financial Officer
       FRP Holdings, Inc.
       200 W. Forsyth St., 7th Floor
       Jacksonville, FL 32202

                                                        Re: FRP Holdings, Inc.
                                                            Form 10-K for the
year ended December 31, 2022
                                                            File No. 001-36769

       Dear John D. Baker III:

                                                        We have reviewed your
filing and have the following comments.

              Please respond to this letter within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe a
       comment applies to your facts and circumstances, please tell us why in
your response.

                                                        After reviewing your
response to this letter, we may have additional comments.

       Form 10-K for the year ended December 31, 2022

       Item 2. Properties
       Mining Royalty Lands Segment, page 12

   1.                                                   We note your disclosure
on page 58 that depletion of sand and stone deposits is computed
                                                        on the basis of units
of production in relation to estimated reserves. Considering your
                                                        disclosure on page 13
with respect to relying on Item 1303(a)(3) of Regulation S-K,
                                                        please explain the
basis for using the unit of production method for the depletion of your
                                                        royalty interests of
your sand and stone deposits and clarify the methods used to determine
                                                        "estimate reserves" for
purposes of this calculation. To the extent the estimated reserves
                                                        do not represent
reserves as defined by SK1300, please revise your labelling and refrain
                                                        from using the term
reserves.
       Mining Royalties, page 30

   2.                                                   We note your disclosure
of 21.8 million tons of sand reserves on page 30 of your
                                                        disclosure. Only
reserve estimates meeting the definitions and requirements of SK1300
                                                        should be disclosed in
SEC filings. Please revise to remove the reserve estimate.
 John D. Baker III
FRP Holdings, Inc.
November 28, 2023
Page 2

        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.

       Please contact Eric McPhee at 202-551-3693 or Jennifer Monick at
202-551-3295 if you
have questions regarding comments on the financial statements and related
matters. Please
contact John Coleman at 202-551-3610 or Craig Arakawa at 202-551-3650 with any
other
questions.



FirstName LastNameJohn D. Baker III                       Sincerely,
Comapany NameFRP Holdings, Inc.
                                                          Division of
Corporation Finance
November 28, 2023 Page 2                                  Office of Real Estate
& Construction
FirstName LastName
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
