No. If that is your budget, look elsewhere for used SS. Even my snobby LBS doesn't charge that much for a late model used Schwinn.
Not to insult your intelligence, but that bike only has one gear. If that is what you are looking for, hammer away, otherwise bone up on single speed, fixed gear, and multi gear.
Much luck to you, and welcome to the forum!
Last edited by jfowler85; 10-16-12 at 06:25 PM.