The 302ci V8 is topped with a four-barrel Holley carburetor and a Cobra-branded air cleaner and valve covers.
An export brace is installed, and wiring has been taped underneath on the passenger side.
The engine have been rebuilt and recent service after a period of storage included changing the oil as well as replacing the battery and fuel pump.
The distributor and carburetor also have been replaced.
Power is delivered to the rear wheels through a three-speed C-4 automatic transmission, which have been rebuilt.
The 10-spoke 15″ wheels were installed and are mounted with 235/60 BFGoodrich Radial T/A white-letter tires.
Equipment includes power-assisted front disc brakes as well as power steering, and work in preparation for sale included rebuilding the master cylinder and rebuilding one of the brake calipers.
The interior features front bucket seats and a folding Sport Deck rear bench trimmed in black vinyl.
The dashboard and console are accented by a woodgrain appliqué, and a Mustang-branded Sanyo AM/FM/cassette player is installed.
The two-spoke steering wheel frames a 140-mph speedometer with an inset trip odometer as well as an 8k-rpm tachometer, an analog clock, and gauges to monitor fuel level and water temperature.
Two Stewart-Warner gauges are located in the center stack.
The five-digit odometer shows just under 50k miles, true mileage is unknown.