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          <ccc>XXXXXXXX</ccc>
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    <issuerInfo>
      <issuerCik>0000844059</issuerCik>
      <issuerName>FRP HOLDINGS, INC.</issuerName>
      <secFileNumber>001-36769</secFileNumber>
      <issuerAddress>
        <com:street1>200 W. FORSYTH ST.</com:street1>
        <com:street2>7TH FLOOR</com:street2>
        <com:city>JACKSONVILLE</com:city>
        <com:stateOrCountry>FL</com:stateOrCountry>
        <com:zipCode>32202</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>9043965733</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>DEVILLIERS DAVID H JR</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
      </relationshipsToIssuer>
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    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Charles Schwab Corporation</name>
        <address>
          <com:street1>3000 Schwab Way</com:street1>
          <com:city>Westlake</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>76262</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>7500</noOfUnitsSold>
      <aggregateMarketValue>210975.00</aggregateMarketValue>
      <noOfUnitsOutstanding>19030474</noOfUnitsOutstanding>
      <approxSaleDate>03/13/2025</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>11/20/2024</acquiredDate>
      <natureOfAcquisitionTransaction>Stock Option Exercise</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>16420</amountOfSecuritiesAcquired>
      <paymentDate>11/20/2024</paymentDate>
      <natureOfPayment>Equity Compensation</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>03/13/2025</noticeDate>
      <signature>DAVID H DEVILLIERS JR</signature>
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144
0001195856
XXXXXXXX
LIVE
0000844059
FRP HOLDINGS, INC.
001-36769
200 W. FORSYTH ST.
7TH FLOOR
JACKSONVILLE
FL
32202
9043965733
DEVILLIERS DAVID H JR
Officer
Common
Charles Schwab Corporation
3000 Schwab Way
Westlake
TX
76262
7500
210975.00
19030474
03/13/2025
NASDAQ
Common
11/20/2024
Stock Option Exercise
Issuer
N
16420
11/20/2024
Equity Compensation
Y
03/13/2025
DAVID H DEVILLIERS JR