No I consider him 80s Torch along with the rest of Wave 48 and TRU 15, classic Human Torch would be Wave 8.
This is how I display my FF teams
Classic: Wave 8 Human Torch, Best of 2 Mr. Fantastic, Wave 8 Invisible Woman/Susan Richards, Best of 1 Thing works but also pick which Thing you want, we haven't gotten a proper booty shorts classic Thing IMO.
80s: Wave 48 Mr. Fantastic, Invisible Woman, TRU 15 Thing and Human Torch, custom Johnny Storm, custom She-Hulk
Marvel Knights 4: TRU 8 Human Torch, Sue Storm, Mr. Fantastic, Wave 37 or Best of 1 Thing.
Now a question, we don't have a Fantasticar and most likely won't get one so are any of the previously made Fantasticars compatible with Minimates?
One came out in the ToyBiz line in 95, part of one came with Mr. Fantastic in Marvel Legends Series 5, one was made for the first Fantastic Four film toyline, and one came with the Rise of the Silver Surfer toyline.