UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q


[X] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange
    Act of 1934

For the quarterly period ended September 30, 2007

                                       or

[ ] Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange
    Act of 1934

For the transition period from __________ to __________

Commission File Number: 0-11909


              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP - II
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)


         Delaware                                        16-1212761
 ----------------------                      ---------------------------------
(State of organization)                      (IRS Employer Identification No.)


2350 North Forest Road, Getzville, New York 14068
-------------------------------------------------
(Address of principal executive offices)

(716) 636-0280
--------------
(Registrant's telephone number)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes [X]  No [ ]

Indicate by check mark whether the  registrant  is an  accelerated  filer (as
defined in Rule 12b-2 of the Exchange Act).  Yes [ ]  No [X]

<PAGE>
Part I - FINANCIAL INFORMATION
Item 1. Financial Statements
        --------------------
<TABLE>
<CAPTION>
                            Condensed Balance Sheets
                            ------------------------
                                                                                      (Unaudited)
                                                                                     September 30,            December 31,
                                                                                          2007                     2006
                                                                                 ----------------------   ---------------------
<S>                                                                                   <C>                           <C>
                          Assets
------------------------------------------------------------
Property and equipment, all held for sale                                             $      4,863,356              4,863,356
Less accumulated depreciation                                                                2,531,480              2,531,480
                                                                                 ----------------------   ---------------------
                                                                                             2,331,876              2,331,876
Equity interest in unconsolidated
  joint ventures in excess of investment                                                       640,643                627,172
Cash and equivalents                                                                           726,086                775,650
Accounts receivable                                                                             39,599                 34,307
Receivable from affiliates                                                                      59,550                 59,550
Other assets                                                                                   150,519                109,615
                                                                                 ----------------------   ---------------------
     Total assets                                                                     $      3,948,273              3,938,170
                                                                                 ======================   =====================

             Liabilities and Partners' Equity
------------------------------------------------------------
Accounts payable and accrued expenses                                                           67,394                 60,222
Other liabilities                                                                               51,128                 46,865
Partners' equity                                                                             3,829,751              3,831,083
                                                                                 ----------------------   ---------------------
     Total liabilities and partners' equity                                           $      3,948,273              3,938,170
                                                                                 ======================   =====================
</TABLE>





























                                       2

<PAGE>
<TABLE>
<CAPTION>
                                         Condensed Statements of Operations
                                         ----------------------------------
                                                     (Unaudited)

                                                     Three months ended Sept. 30,             Nine months ended Sept. 30,
                                               --------------------------------------    ---------------------------------------
                                                    2007                 2006                 2007                 2006
                                               ---------------       ----------------    ----------------    -------------------
<S>                                                <C>                      <C>                 <C>                    <C>
Rental income                                      $ 218,691                196,174             637,440                583,235
Other income                                             816                    209               2,048                    415
                                               ---------------       ----------------    ----------------    -------------------
     Total income                                    219,507                196,383             639,488                583,650
                                               ---------------       ----------------    ----------------    -------------------
Property operating costs                             178,909                152,844             451,484                412,546
Administrative expense - affiliates                   36,185                 27,276             124,336                 88,750
Other administrative expense                          22,235                 34,034              78,471                 69,619
                                               ---------------       ----------------    ----------------    -------------------
     Total expenses                                  237,329                214,154             654,291                570,915
                                               ---------------       ----------------    ----------------    -------------------
Income (loss) before equity in earnings of           (17,822)               (17,771)            (14,803)                12,735
     joint ventures
Equity in earnings of joint ventures                   2,964               (101,412)             13,471                (36,132)
                                               ---------------       ----------------    ----------------    -------------------
Net loss before equity interest in
       sale of land                                  (14,858)              (119,183)             (1,332)               (23,397)
Equity interest in sale of land                            -                650,233                   -                650,233
                                               ---------------       ----------------    ----------------    -------------------
Net income (loss)                                  $ (14,858)               531,050              (1,332)               626,836
                                               ===============       ================    ================    ===================
Net income (loss) per limited partnership unit     $   (1.44)                 51.51               (0.13)                 60.80
                                               ===============       ================    ================    ===================
Weighted average limited partnership units
     outstanding                                      10,000                 10,000              10,000                 10,000
                                               ===============       ================    ================    ===================
</TABLE>
<TABLE>
<CAPTION>

                       Condensed Statements of Cash Flows
                       ----------------------------------
                                   (Unaudited)
                                                                                 Nine months ended September 30,
                                                                       --------------------------------------------------
                                                                                2007                       2006
                                                                       ------------------------  ------------------------
<S>                                                                                <C>                           <C>
Cash used in:
Operating activities:
     Net income (loss)                                                             $    (1,332)                  626,836
     Adjustments:
        Equity in earnings of joint ventures                                           (13,471)                   36,132
        Equity interest in gain on sale of land                                              -                  (650,233)
        Other, principally changes in other assets and liabilities                     (34,761)                 (139,143)
                                                                       ------------------------  ------------------------
         Net cash used in operating activities                                         (49,564)                 (126,408)
Financing activities - distribution received                                                 -                   752,465
                                                                       ------------------------  ------------------------
Net increase (decrease) in cash and equivalents                                        (49,564)                  626,057
Cash and equivalents at beginning of period                                            775,650                   172,125
                                                                       ------------------------  ------------------------
Cash and equivalents at end of period                                              $   726,086                   798,182
                                                                       ========================  ========================
</TABLE>







                                       3

<PAGE>
                          Notes to Financial Statements
                  Nine months ended September 30, 2007 and 2006

                                   (Unaudited)

Organization
------------

Realmark Property Investors Limited Partnership - II (the Partnership), a
Delaware Limited Partnership was formed on March 25, 1982, to invest in a
diversified portfolio of income producing real estate investments. The general
partners are Realmark Properties, Inc. (the corporate general partner) and
Joseph M. Jayson (the individual general partner). Joseph M. Jayson is the sole
stockholder of J.M. Jayson & Company Inc. Realmark Properties, Inc. is a
wholly-owned subsidiary of J.M. Jayson & Company, Inc. Under the partnership
agreement, the general partners and their affiliates receive compensation for
services rendered and reimbursement for expenses incurred on behalf of the
Partnership.

Basis of Presentation
---------------------

The accompanying unaudited interim financial statements have been prepared in
accordance with accounting principles generally accepted in the United States of
America and the instructions to Form 10-Q. Accordingly, they do not include all
of the information and notes required by accounting principles generally
accepted in the United States of America for complete financial statements. The
balance sheet at December 31, 2006 has been derived from the audited financial
statements at that date. In the opinion of management, all adjustments
(consisting of normal recurring adjustments) considered necessary for a fair
presentation, have been included. The Partnership's significant accounting
policies are set forth in its December 31, 2006 Form 10-K. The interim financial
statements should be read in conjunction with the financial statements included
therein. The interim results should not be considered indicative of the annual
results.

Property and Equipment
----------------------

At September 30, 2007, the Partnership owned and operated an office complex in
Michigan (Northwind Office Park), and was a partner in two joint ventures. It
has a 50% interest in Research Triangle Industrial Park Joint Venture with the
other 50% owned by Realmark Property Investors Limited Partnership - VI A (RPILP
- VI A), an entity affiliated through common general partners. The joint venture
property in Research Triangle Park was sold in December 2006. The Partnership
also has a 50% interest in Research Triangle Land Joint Venture. The land joint
venture was sold on July 18, 2006 and the Partnership has a remaining receivable
from two purchase money notes.

All of the Partnership and venture properties are being actively marketed for
sale and therefore, are not being depreciated. Depreciation expense not recorded
during the three and nine month periods ended September 30, 2007 was
approximately $43,000 and $128,000 respectively. Depreciation expense not
recorded during the three and nine month periods ended September 30, 2006 was
approximately $40,000 and $121,000, respectively.





                                       4
<PAGE>
Investment in Research Triangle Industrial Park Joint Venture
-------------------------------------------------------------

The Venture owned the Research Triangle Industrial Park West, an
office/warehouse facility located in Durham County, North Carolina, which was
sold in December 2006. Summary financial information of the Venture follows:
<TABLE>
<CAPTION>
                                   Balance Sheet Information
                                   -------------------------
                                                                              September 30,              December 31,
                                                                                   2007                      2006
                                                                             --------------------    ---------------------
<S>                                                                                   <C>                          <C>
                Assets:
                     Cash and equivalents                                       $         22,949                   66,321
                     Receivable from affiliates                                        1,055,948                  958,074
                     Accrued interest receivable                                          63,378                        -
                     Other assets                                                         20,661                   42,653
                                                                             --------------------    ---------------------
                       Total assets                                             $      1,162,936                1,067,048
                                                                             ====================    =====================

                Liabilities:
                     Accounts payable and accrued expenses                                 2,883                    7,954
                     Payable to affiliates                                                74,017                        -
                                                                             --------------------    ---------------------
                       Total liabilities                                                  76,900                    7,954
                                                                             --------------------    ---------------------
                Partners' equity:
                     The Partnership                                                     543,018                  529,547
                     RPILP - VI A                                                        543,018                  529,547
                                                                             --------------------    ---------------------
                                                                                       1,086,036                1,059,094
                                                                             --------------------    ---------------------
                       Total liabilities and partners' equity                   $      1,162,936                1,067,048
                                                                             ====================    =====================
</TABLE>
<TABLE>
<CAPTION>
                                 Operating Information
                                 ---------------------

                                               Three months ended Sept. 30,                Nine months ended Sept. 30,
                                           -------------------------------------  -------------------------------------------
                                                2007                 2006                  2007                    2006
                                           ----------------  -------------------  ---------------------   -------------------
<S>                                             <C>           <C>                  <C>                               <C>
             Rental income                      $        -                    -                      -               528,533
             Interest income                        21,126                    -                 63,378                     -
             Other                                      10                2,446                  6,810                 6,581
                                           ----------------  -------------------  ---------------------   -------------------
                  Total income                      21,136                2,446                 70,188               535,114
                                           ----------------  -------------------  ---------------------   -------------------
             Property operating costs                    -               77,892                  7,084               203,488
             Interest                                    -               96,253                    239               293,064
             Administrative                         15,208               31,126                 35,923                89,302
                                           ----------------  -------------------  ---------------------   -------------------
                  Total expenses                    15,208              205,271                 43,246               585,854
                                           ----------------  -------------------  ---------------------   -------------------
                  Net income (loss)             $    5,928             (202,825)                26,942               (50,740)
                                           ================  ===================  =====================   ===================
             Allocation of net income:
                  The Partnership                    2,964             (101,412)                13,471               (25,369)
                  RPILP - VI A                       2,964             (101,413)                13,471               (25,371)
                                           ----------------  -------------------  ---------------------   -------------------
                                                $    5,928             (202,825)                26,942               (50,740)
                                           ================  ===================  =====================   ===================

</TABLE>



                                       5

<PAGE>
PART I - Item 2. Management's Discussion and Analysis of Financial Condition
                 -----------------------------------------------------------
                 and Results of Operations
                 -------------------------

Liquidity and Capital Resources
-------------------------------

Effective January 1, 2001, management began formally marketing all remaining
properties in the Partnership for sale. The Partnership continues to maintain a
cash position adequate to fund capital improvements. Cash decreased
approximately $50,000 during the nine month period ended September 30, 2007.
Cash increased $626,000 during the nine month period ended September 30, 2006,
primarily as a result of the $752,465 distribution received from Research Joint
Venture Land related to the sale of Joint Venture's land. The Partnership made
no distributions to limited partners in the first nine months of 2007. In
accordance with the settlement of the lawsuit (Part II, Item 1), it is
anticipated that with the sale of the remaining property and joint ventures, the
Partnership may be in a position to make distributions to the limited partners.

Results of Operations
---------------------

As compared to the first nine months of 2006, the Partnership's income,
excluding equity in earnings from joint ventures, decreased approximately
$28,000 from a net income of $13,000 in 2006 to a net loss of $15,000 in 2007.

Total expenses increased approximately $83,000. Property operations increased
approximately $39,000, primarily due to increased utility and maintenance costs.
Other administrative expense increased approximately $9,000 due to an increase
in professional fees. Administrative expense to affiliates increased
approximately $35,000 due to an increase in portfolio management fees.

PART I - Item 3. Quantitative and Qualitative Disclosures About Market Risk
                 ----------------------------------------------------------

The Partnership's cash equivalents are short-term, interest-bearing bank
accounts.

PART I - Item 4. Controls and Procedures
                 -----------------------

Disclosure Controls and Procedures: The Partnership's management, with the
participation of the Partnership's Individual General Partner and Principal
Financial Officer, has evaluated the effectiveness of the Partnership's
disclosure controls and procedures (as such term is defined in Rule 13a-15(e)
under the Securities Exchange Act of 1934, as amended) as of the end of the
period covered by this report. Based upon such evaluation, the Partnership's
Individual General Partner and Principal Financial Officer have concluded that,
as of the end of such period, the Partnership's disclosure controls and
procedures are effective.

Internal Control Over Financial Reporting: There have been no significant
changes in the Partnership's internal control over financial reporting (as
defined in Rule 13a-15(f) under the Securities and Exchange Act of 1934, as
amended) during the fiscal quarter to which this report relates that have
materially affected, or are reasonably likely to materially affect, the
Partnership's internal control over financial reporting.



                                       6
<PAGE>
PART II - OTHER INFORMATION

Item 1. Legal Proceedings
        -----------------

As previously reported, the Partnership, as a nominal defendant, the General
Partners of the Partnership and of affiliated public partnerships (the "Realmark
Partnerships") and the officers and directors of the Corporate General Partner,
as defendants, had been involved in a class action litigation in New York State
court. The Partnership's settlement of this litigation is described in its
Annual Report on Form 10-K for the year ended December 31, 2006.

Item 5. Other Information
        -----------------

        Reports on Form 8-K

            None.

Item 6. Exhibits
        --------

        31. Certification Pursuant to Rule 13a-14(a), as Adopted Pursuant to
            Section 302 of the Sarbanes-Oxley Act of 2002.

        32. Certification Pursuant to 18 U.S.C. Section 1350, as Adopted
            Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

































                                        7
<PAGE>
                                   SIGNATURES
                                   ----------



Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


REALMARK PROPERTY INVESTORS LIMITED PARTNERHIP - II


              November 13, 2007               /s/ Joseph M. Jayson
              -----------------               --------------------
                    Date                      Joseph M. Jayson,
                                                Individual General Partner and
                                                Principal Financial Officer












































                                       8