| Exhibit 21.1 | |||
| FRP Holdings, Inc. | |||
| Subsidiaries | |||
| As of December 31, 2023 | |||
| Name of Subsidiary | State of Formation | Type of Entity | % of Ownership |
| Florida Rock Properties, Inc.* | Florida | Corporation | 100% |
| FRP Hollander 95 LLC | Maryland | Limited Liability Company | 100% |
| FRP Development Corp.* | Maryland | Corporation | 100% |
| FRP Cranberry Run LLC | Maryland | Limited Liability Company | 100% |
| FRP Bird River LLC | Maryland | Limited Liability Company | 100% |
| 34 Loveton Center LLC | Maryland | Limited Liability Company | 100% |
| FRP Hampstead LLC | Maryland | Limited Liability Company | 100% |
| FRP Mechanics Valley LLC | Maryland | Limited Liability Company | 100% |
| Others: | |||
| FRP Buzzard Point LLC | Delaware | Limited Liability Company | 100% |
| 1800 Half Street Owner LLC | District of Columbia | Limited Liability Company | 61.37% |
| Lake Louisa LLC | Florida | Limited Liability Company | 100% |
| FRP Riverfront I, LLC | Delaware | Limited Liability Company | 100% |
| FRP Riverfront II LLC | Delaware | Limited Liability Company | 100% |
| Riverfront Investment Partners I, LLC | Delaware | Limited Liability Company | 66% (1) |
| Riverfront Investment Partners Phase II, LLC | Delaware | Limited Liability Company | 70.41% (2) |
| FRP Bryant Street Phase 1-AC OZ Fund LLC | District of Columbia | Limited Liability Company | 100% |
| FRP Bryant Street Phase 1-B OZ Fund LLC | District of Columbia | Limited Liability Company | 100% |
| FRP Bryant Street Phase 1-D OZ Fund LLC | District of Columbia | Limited Liability Company | 100% |
| FRP Bryant Street Phase 1-E OZ Fund LLC | District of Columbia | Limited Liability Company | 100% |
| FRP Chase LLC | District of Columbia | Limited Liability Company | 100% |
| FRP Alamo LLC | District of Columbia | Limited Liability Company | 100% |
| FRP Pad LLC | District of Columbia | Limited Liability Company | 100% |
| FRP Coda LLC | District of Columbia | Limited Liability Company | 100% |
| FRP 801 Chelsea LLC | Maryland | Limited Liability Company | 100% |
| FRP OZ Fund 2019-A LLC | Delaware | Limited Liability Company | 100% |
| FRP OZ Fund 2019-B LLC | Delaware | Limited Liability Company | 100% |
| FRP OZ Fund 2019-C LLC | Delaware | Limited Liability Company | 100% |
| FRP Verge LLC | Delaware | Limited Liability Company | 100% |
| Coconut Road Estero Apartments, LLC | Delaware | Limited Liability Company | 16% |
| Coconut Road Estero Venture LLP | Delaware | Limited Liability Partnership | 16% |
| WF Coconut Road Estero, LLC | Delaware | Limited Liability Company | 32% |
| FRP Estreo Investor LLC | Delaware | Limited Liability Company | 100% |
| Bryant Venture Phaes I-A&C, LLC | District of Columbia | Limited Liability Company | 61.36% |
| Bryant Venture Phaes1-B, LLC | District of Columbia | Limited Liability Company | 61.36% |
| Bryant Venture Phaes I-D, LLC | District of Columbia | Limited Liability Company | 61.36% |
| Bryant Venture Phaes I-E, LLC | District of Columbia | Limited Liability Company | 61.36% |
| BC FRP Realty LLC | Maryland | Limited Liability Company | 50% |
| Brooksville Joint Venture | Florida | Limited Liability Company | 50% |
| Woodfield .408 Jackson OZB LLC | Delaware | Limited Liability Company | 40% |
| Woodfield Riverside OZB LLC | Delaware | Limited Liability Company | 40% |
| FRP Old Philadelphia Road LLC | Maryland | Limited Liability Company | 100% |
| FRP OZ Fund 2023-A LLC | Delaware | Limited Liability Company | 100% |
| FRP Woven LLC | Delaware | Limited Liability Company | 100% |
| FRP Lakeland 1 LLC | Delaware | Limited Liability Company | 100% |
| *Indicates Subsidiary Loan Party | |||
| (1) As part of our new partnership with SIC and MRP, we sold a 20% interest in a tenancy-in-common of Dock 79 where FRP Holdings, Inc. is the majority partner with a 52.8% ownership | |||
| (2 ) As part of our new partnership with SIC and MRP, we sold a 20% interest in a tenancy-in-common of The Maren where FRP Holdings, Inc. is the majority partner with a 56.3% ownership | |||