Is this the right starter for my Sea Drive?

Yes, that one will work. Most all of teh parts on your 1.6L sea-drive are the same as that years 115HP outboard. $150 for a rebuild is just downright rape for one of these starters. A full endcap kit is normally about $30 for one and maybe another $40 for turning the armeture and putting the cap on is all I could see for it. The one in teh ad is just a chinese knock-off is why it is so cheap, but even a good brand name ARCO is only about $150-200.
 
I just found and bought an ARCO starter on ebay for the same price. It was mounted but never used for $69. Can't beat that!
 
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