1986 Gulfstream GIII
Large Cabin Jet
Aircraft Details
Seller reportedAvionics & Equipment
IFRDescription
1986 GULFSTREAM GIII For Sale in Palm Beach, Florida This G3 truly stands out in both condition and upgrades. It features extensive interior enhancements and an impressively equipped cockpit for an aircraft in its class. Privately owned and meticulously cared for, this aircraft reflects pride of ownership throughout. (Note: All Specifications subject to verification).
Engine
Engine 1 Maintenance Program
Interior
Very Clean 9 passenger + Cockpit Jump Seat, 3 Place Divan, 6 Single Seats, New Single Piece Pleated Window Shades & New Wool Carpet installed 2025., Forward Cabin Monitor., Collins Airshow Moving Map., Mid Cabin Credenza, Electric Outlet at each seat. Iridium Sat Phone., Aft Galley w/Microwave., Aft Lavatory.
Exterior
Excellent! White w/Blue & Grey Stripes.
Inspection
Engine Life Extension 5Y2K (5 Year 2000 Hour) completed by Dallas Airmotive Feb 2025. Landing Gear OH due @ 5000 cycles. Noise Compliance QS-3 Hush-kit (Stage 3 Compliance).
Modifications / STCs
• GoGo Advance L3 Wifi (2025)
• Artex 406 MHz
Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.
Price Comparison
| Source | Price | Location | Listed | Days on Market | Status | Action |
|---|---|---|---|---|---|---|
|
Jan Mann
controller.com
|
$1,100,000
|
Palm Beach, FL | Mar 25, 2026 | 117 days | Active |
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Gulfstream GIII loan calculator
AeroGurus Data & Analysis
Independent data from FAA, NTSB, and market analysis
About This Gulfstream GIII
This 1986 Gulfstream GIII (N388MM) is a 14-seat large cabin jet . There are currently 4 GIII aircraft listed for sale with asking prices ranging from $175,000 to $1,100,000. This aircraft is priced above the market average at $1,100,000.
The GIII cruises at 480 kts (889 km/h) with a range of 3,600 nm (6,667 km) — enough for transcontinental flights without refueling. Service ceiling of 45,000 ft allows operation above most weather.
Operating costs: Fuel burn is 430 GPH (1628 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $2365/hr in fuel alone.
NTSB records show 0 incidents for this airframe — a clean safety record.
Pre-Purchase Checklist
Gulfstream GIII — Model Specs
Model specificationStandard specs for this model. Actual aircraft may differ.
Estimated Cost of Ownership
AeroGurus estimateGULFSTREAM GIII
AeroGurus estimates based on industry averages for the GULFSTREAM GIII. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.
Ownership & Registration
FAA registration data pending for N388MM.
Location & Ownership
Title Status
No FAA title records
Available for US-registered aircraft only
Source: FAA Aircraft Registry, FAA Civil Aviation Registry (DocIndex). Title data may be delayed. Always verify with an aviation attorney before purchase.
Safety Record
NTSB safety data coming soon.
We'll check N388MM against the NTSB accident database.
Price History
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