Is this the right bike for me?

LISTING SAYS — Carbon fiber Specialized Tarmac Expert road bike (49 cm) has a matte black frame with red accents. This bicycle is equipped with an FSA SL-K Light crankset and Fulcrum Racing 5 LG wheels. It has a Shimano Ultegra drivetrain and rim brakes. The frame includes two red bottle cages and a Specialized saddle.

Is this bike from 2013 good for the price of $700? (canadian btw)

For context, I'm upgrading from my old kona mountain bike to something that is lighter. I use my current bike for commuting, and some longer rides (hoping to do more of these). Am I punching way above what I need from my bike by buying this? If I'm just getting into road cycling, should I get a cheaper bike and start from there?

Any advice is helpful!