Nice color! Based on the pictures, be glad you didn't pay more than $500.
The passenger floor rust is a typical problem related to the old-style batteries leaking acid out over the years. Just about every old, non-restored Z will have rust in this exact area. It's just a fact of life with these cars. Yes, the floor pans from Zeddfindings is exactly what you need for this particular problem.
The rust on the front frame rail and the loose swaybar mount is a very bad problem. Most cars I've seen that have rusted in this area, also have major rust almost all over the car. I would start combing the entire car for signs of rust. Try to contact another Z'er in your area that is knowledgable about rust areas and what to look for. You'll also need to start looking under the carpet and behind interior panels for signs also. Bondo can cover a lot of problems, but only for a short time. You can get replacement frame rails, but they can be hard to find sometimes. Contact Keith (aka, 2ManyZs). He had some at one point awhile back. Or send me an email and I'll get in contact with him and give him your information.
Keep us posted on how the progress goes...
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