My advice would be dont buy someones project, cause chances are you will re-do what they have already done and that one sounds like its a classic case... "yea its got a bronco motor in it, runs real strong..." then you go to the track and it runs 14's. Not trying to be a richard but its like all the chevy guys that have corvette motors in thier POS cars... if that was true there would be a junkyard with a million vettes and no motors in it.
I have a car in spfld for way under your budget and its pretty clean, its no 5-spd but its got under 100k miles(87k right now i think). Stock besides exhaust, and it runs great A/C is all there and worked when i bought it, heats good, interior is all there, tq boxes are good, and there is no rust under it. its a good driver for sure. PM me if your interested.