1986 Gulfstream GIII for sale

1986 Gulfstream GIII

Large Cabin Jet

FOR SALE
$1,100,000Overpriced
Location Palm Beach, FL
Serial # 490
Reg # N388MM
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR
Universal EFIS-890 Glass Cockpit Upgrade. Dual Universal UNS-1 Ew WAAS LPV "FMS". Universal Unilink FANS 1/A+. Universal Vision-1 Synthetic Vision System. Sperry 880 Color Radar Sperry SPZ-800 Autopilot TAWS. Universal USB Data-loader. Dual Honeywell Laser IRU.

Description

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).

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 1 active offer

Source Price Action
Jan Mann
controller.com
$1,100,000

Estimate Monthly Payment

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AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Gulfstream GIII

This 1986 Gulfstream GIII (N388MM) is a large cabin jet . There are currently 3 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.

NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Budget $5,000-15,000 for pre-purchase inspection

Ownership & Registration

FAA registration data pending for N388MM.

Location & Ownership

FAA records

Aircraft Location

Palm Beach, FL

Seller reported 1077 more aircraft in FL →

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

3 price events · sources: trade-a-plane.com, controlleremea.co.uk, aviationtrader.com.au

AeroGurus Market Estimate AME

$637,500
Range: $406,250 — $868,750
Confidence: 40%
vs. Market
+73%
Above Market

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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.