Under contract-accepting backup offers. Welcome to this Arlington Park Duplex/Multifamily Home! 2538 Floyd Street is a charming 5 Bedroom, 4 Bath home with gracious living spaces, situated on an oversized lot with beautiful mature trees that provide precious shade during the hot Florida summers. The original home, built in 1959, is steeped in Arlington Park history and features 3 bedrooms, 2 baths and a beautifully remodeled kitchen with quartz counters, newer stainless appliances, cabinets with lighted upper displays, under-cabinet lighting, and a beautiful designer backsplash. Just off the kitchen is a "keeping room", perfect for conversation during meal prep and a lovely space for entertaining. The current staging depicts a front entry into a welcoming dining room where parties and family gatherings can spill over into the late evening, and a step down to a massive living room that feels both comfortable and elegant. Just beyond the living room is a full bath that has been remodeled, leading to a small bedroom that could also be set up as an office. On the other side of the dining room are 2 secondary bedrooms that share a bathroom. The home has a large addition that was built onto the main house in 2019 which features an elegant and spacious primary suite, with a spa-like bath and walk-in closet, and double doors that lead to a sunny patio overlooking the backyard, which, by the way has plenty of room for a pool! The addition also includes a very special feature to this home, which is an upstairs apartment, with its own driveway and access from the exterior, and it's lockable for absolute privacy! The stairs lead to a large studio space, with an adorable kitchenette, a full bath, and a large walk-in closet. The suite also features its own upstairs balcony, overlooking the backyard! The double driveway allows for plentiful parking, including a large parking area that can accommodate an RV, Boat, Jet Skis, or other toys! This very special property is just steps from the walking trail to Sarasota's Arlington Park with its multitude of activities, including Tennis, Pickleball, competition sized pool, playground, nature-filled trails and lakes, and dog parks for both small and large dogs. Here you'll find quaint off-city streets with charming homes filled with character and history and you are just minutes from downtown Sarasota, with its arts, culture, dining and nightlife. Gorgeous Gulf Beaches are minutes away, including Lido Key and St Armands Circle, and the fantastic #1 Beach in the US - Siesta Key! You have close proximity to Sarasota Memorial Hospital and other medial complexes as well. The possibilities and potential are quite literally endless - you can make it your home or due to the size, configuration, flexible spaces, and no deed restrictions, you can add it to your investment portfolio as a rental for maximum return! Call today for a private showing!