I can find no reference to this model. Does it exist anywhere other than in this pic? If so, where does it stand in the line-up? It's billed as late 70s.
As always, thanks in advance.

It looks like a cerca 1995 Fuji Roubaix ( https://hdimagelib.com/vintage+fuji+bikes ) :

Fuji has a modern popular Fuji Roubaix (meaning nowadays) and has them going back to at least 1987:

Roubaix

Note the printing on the downtube. See how it is different 1987-1997 versus the more modern bigger FUJI.

Looks like a repainted 1988 Roubaix: https://www.classicfuji.com/Roubaix_1988_Page.htm

Thanks for the info and the link. My interest is the 70s.

I don't think it is a Roubaix, but it looks like a mid 1980s Fuji. Probably mid level, since there is a derailleur hanger. Also, it has fender eyelets, cable guides, and nutted brakes. It may not have any original components left, so I am concentrating on the frame details. The 1984 Club Fuji looks pretty similar: https://www.classicfuji.com/ClubFuji_1984_Page.htm

I like the way they spelled "Roubax" on the OP's photo.

Scott