I don't think it is worth the time and effort but I am not a body expert at all. I know I hold an exceptionally high standard for what is clean or not when it comes to these cars. I consider this in the lower half if my two ratings were yay or nay.
I did not even check the trunk because I just thought it was a wash right out the gate. I dunno if you really don't care about rust being all over the body, go for it. It needs a new radiator support to start the rust removal because it was pretty beat up.
It looks like more that you want the car more than anything and if that is your goal, no amount of rust will stop you from buying it, getting it back to your home state of FL, and loving it. I just don't think it is worth MY time. Your time may vary I guess is the best way of putting it.