Former Times building, historic Tramor property in downtown St. Pete sold for $32.5 million

CT historic building converted to apartments sold. Buyer notes ‘great proximity’ to work, attractions

Two-story, Italianate-style structure has proud history, dating to mid-1800s when downtown was similar scale, before era of skyscrapers

Former Times building, historic Tramor property in downtown St. Pete sold for $32.5 million

Two prominent properties in the heart of downtown St. Petersburg have sold for a combined $32.5 million, with plans for a high-rise condominium tower on the site. Naples-based Stock Development, a family-owned luxury real estate development and homebuilding company, has purchased the 490 First Avenue South tower, formerly home to the Tampa Bay Times, and the historic Tramor Cafeteria building at 123 4th Street South, most recently occupied by Ho…