It was made in the Czech Republic rather than Czechoslovakia, so that one dates to 1993 or later. The parts should be completely compatible with a new gun. I'm actually in the market for a beater CZ to restore myself, except I want the 'B' model instead of the 'BD'. The only difference between the two is manual safety (B) vs. decocker (BD); otherwise, they're mechanically identical. The reason I want a B is because (1) that's the classic model, (2) all of my other CZs are decockers, and (3) this would be a pure range gun which I don't intend to shoot in DA very often.
That actually looks like it's in decent condition. Most of the 75's I see at that price are either pitted or slightly rusted. The sights have lost their dots, but if you're doing a restoration, the sights should be one of the first things you upgrade regardless. It might be a little overpriced (you can buy a 75B Omega from Kentucky Gun Co. for $455 and free shipping), but it's not terrible.