I am not a mechanic and my experience is somewhat limited, but if I may:
1. If I had a fuel tank with breathing through the filler cup, I would look for an original fuel filler cup. To install the 280SL breathing system (probably not the latest one, but the open air one) you would need to fit the pipes in the tank, lead the metal lines in the trunk that are screwed to the floor, install the expansion tank and lead the line outside with the cone at the end. To do it properly, you would need to cut out mounting holes in the side trunk panel. It is, I think, even more work and parts with the latest closed breathing system. It also may smell a bit in the trunk at times, it takes attention to keep it tight. It may be simpler and maybe less expensive to stay with original solution. If you decide to go for breathing system - there are hundreds of posts on it on the forum, as well as info in Technical Manual.
2. On the fuel level sensor and gauge: please pay attention to the remark in Aaron h post: if you replace the sensor, e.g. for the later tube type, you also have to replace the gauge in instrument cluster. It will not work otherwise. Maybe you had smaller tank in the car before, then you need to replace both sensor and gauge. But perhaps your sensor float is getting stuck and does not travel to the bottom or the resistor wire is damaged or dirty. Does the reserve light come on? If does light up - you may indeed have components from a smaller tank. If it does not light up, you can test the bulb and if the bulb is ok, it may mean the float does not travel all the way down. It is not a big deal to remove the sensor and refurbish or replace it.