Systems and methods for floating paddle card enablement

An information handling system may include a motherboard and a floating paddle card. The motherboard may include a host system comprising a host system processor, a logic device configured to perform a functionality of the information handling system in accordance with code stored on non-transitory computer-readable media of the logic device, and a management controller communicatively coupled to the host system processor and the logic device and configured to perform out-of-band management of the information handling system. The floating paddle card may be communicatively coupled to the motherboard and configured to serve as interface between one or more devices coupled to the floating paddle card and the logic device and the management controller, the floating paddle card comprising a microcontroller unit configured to, alone or in combination with other circuitry of the floating paddle card, divide management of the one or more devices between the motherboard and the floating paddle card.