1982 Cessna Citation II
FOR SALE

1982 Cessna Citation II

Light Jet

Contact for price
Location Fort Lauderdale, FL
Total Time 6,119 hrs
Engine SMOH 6,086 hrs
Seats 10
Serial # 501-0244
Reg # N501MF
Engine Turbo-fan ×2
Cruise 345 kts (639 km/h)
ICAO Type C550

Equipment & Features

Autopilot
Seats
7
✓ FAA Valid ✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR
Garmin GNS-530W Garmin SL-30 NavCom Garmin GTX-345 Transponder Garmin GMA-340 Audio Panel & Marker Beacon Collins ADF-60 Collins DME-40 Bendix RDR-1100A Color Radar Avidyne EX-500 MFD WX-500 Stormscope XM Weather Radar SPZ-500 Auto Pilot/SPZ 501 FD Avidyne TAS 620 Traffic System Dual RMI 332 C-10 JeppView Charts Altitude Alert and Preselect KGP-560 EGPWS JET 2” Standby Gyro

Description

NEW TO MARKET!! This Citation ISP features a recent paint/interior touch up, recently hot sectioned engines, & Phase 1-5 complied with in 2024. Motivated seller, ready to move, for more information please call Mike Milanovic at International Aircraft Marketing & Sales.

Interior

2025 Touched-Up 7 Passenger Belted Lav Fwd Aft Facing Executive Seat Center 4-Place Club

Exterior

2025 Touched-Up Matterhorn White w/Red, Gold, and Navy

Inspection

Phase 1-5 c/w 06/2024 Freon A/C Recently overhauled

Modifications / STCs

Thrust Reversers Recognition Lights

Keith Freon Air Conditioner

64 Cubic Foot Oxygen System

Anti-Skid System

Rosen Sun Visors

XM Radio

Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.

Price Comparison 1 active offer

Source Price Action
International Aircraft Marketing & Sales
controller.com
Contact for price
International Aircraft Marketing and Sales
aircraftdealer.com
Call for price
Listing Source
globalair.com
Please Call
Listing Source
globalplanesearch.com
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Listing Source
globalplanesearch.com
$475,000
Listing Source
trade-a-plane.com
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International Aircraft Marketing & Sales
controlleremea.co.uk
Call for price *
Listing Source
aviationtrader.com.au
Call for price *

* Converted to USD at daily European Central Bank (ECB) exchange rates

Estimate Monthly Payment

Cessna Citation II loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Cessna Citation II

This 1982 Cessna Citation II (N501MF) is a 10-seat light jet with 6,119 hours on the airframe. There are currently 72 Citation II aircraft listed for sale with asking prices ranging from $273,750 to $2,649,000.

The Citation II cruises at 345 kts (639 km/h) with a range of 1,600 nm (2,963 km) — suitable for regional and medium-distance travel. Service ceiling of 43,000 ft allows operation above most weather.

Operating costs: Fuel burn is 125 GPH (473 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $688/hr in fuel alone. Total variable cost including maintenance reserves is approximately $2,200/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $350,000. With 6,119 hours on the airframe, this aircraft has exceeded TBO (4,500 hrs) — verify engine status and overhaul reserve.

FAA registration status: Valid. NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

FAA registration: Valid (GREYSHORE AVIATION LLC)
Safety record: 0 NTSB incidents
Airframe: 6,119 hours — verify engine time vs TBO (4,500 hrs)
Budget $1,875 for pre-purchase inspection

Cessna Citation II — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
10
Cruise Speed
345 kts (639 km/h)
Max Speed
375 kts (694 km/h)
Range
1,600 nm (2,963 km)
Ceiling
43,000 ft (13,106 m)
Max Weight
13,300 lbs (6,033 kg)
Useful Load
4,000 lbs (1,814 kg)
Fuel Capacity
470 gal (1779 L)
Fuel Burn
125 GPH (473 L/h)
Engines
2
TBO
4,500 hrs

Estimated Cost of Ownership

AeroGurus estimate

CESSNA Citation II

Fuel Burn
125.0 GPH
~$812/hr
Variable Cost
$2,200/hr
fuel + mx + reserves
Annual Fixed
$350,000/yr
hangar + insurance + annual
Engine Overhaul
$350,000
every 4,500 hrs

AeroGurus estimates based on industry averages for the CESSNA Citation II. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

Registered Owner

GREYSHORE AVIATION LLC

Registration Address

MYSTIC, CT

Certificate Issued

2025-10-09

FAA Status

Valid

Source: FAA Aircraft Registry, updated Mar 15, 2026

Location & Ownership

FAA records

Aircraft Location

Fort Lauderdale, FL

Seller reported 949 more aircraft in FL →

Title Status

No FAA title records

Available for US-registered aircraft only

Location note: Listed in Fort Lauderdale, FL but FAA registration shows MYSTIC, CT. Aircraft may have been relocated. Confirm current location with seller.

Source: FAA Aircraft Registry, FAA Civil Aviation Registry (DocIndex). Title data may be delayed. Always verify with an aviation attorney before purchase.

Safety Record

No incidents found

NTSB database checked for N501MF.

Price History

2 price events · sources: aso, controller.com

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Prices and listings updated daily · Data: FAA Registry, NTSB · About our data
Disclaimer: All prices, cost estimates, and market values shown are based on asking prices from third-party sources and are provided for informational purposes only. AeroGurus is not an appraiser, broker, or financial advisor. Always obtain a professional appraisal and independent inspection before making a purchase decision. Actual transaction prices may differ from asking prices.