November 4, 2024 Philip Mays Chief Financial Officer CTO Realty Growth, Inc. 369 N. New York Avenue, Suite 201 Winter Park, FL 32789 Re: CTO Realty Growth, Inc. Form 10-K for the year ended December 31, 2023 Filed February 22, 2024 Form 8-K Filed February 22, 2024 File No. 001-11350 Dear Philip Mays: We have completed our review of your filing. 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. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc: Zach Swartz, Esq.