FORM 10-Q

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


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


For the Quarter Ended                                   Commission File Number
June 30, 2000                                                   0-11909


               REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP II
             (Exact Name of Registrant as specified in its charter)



          Delaware                                     16-1212761
--------------------------             -----------------------------------------
   (State of Formation)                  (IRS Employer Identification Number)


2350 North Forest Road
Suite 12A
Getzville, New York  14068
(Address of Principal Executive Office)

Registrant's Telephone Number:  (716) 636-0280

Indicate by a 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  [ ]


<PAGE>

              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP - II

                                    Form 10-Q

                                      INDEX


<TABLE>
<CAPTION>
                         PART I - FINANCIAL INFORMATION
                                                                                                              Page
                                                                                                              ----
<S>             <C>                                                                                           <C>
Item 1.         Financial Statements

                  Balance Sheets - June 30, 2000 and December 31, 1999                                          3

                  Statements of Operations - Three and six months ended
                        June 30, 2000 and 1999                                                                  4

                  Statement of Partners' Deficiency - Six months ended June 30, 2000                            5

                  Statements of Cash Flows - Six months ended June 30, 2000 and 1999                            6

                  Notes to Financial Statements                                                               7 - 10

Item 2.         Management's Discussion and Analysis of Financial Condition and
                Results of Operations                                                                          11

Item 3.         Quantitative and Qualitative Disclosures About Market Risk                                     12

                           PART II - OTHER INFORMATION

Item 1.         Legal Proceedings                                                                              12

Item 2 - 5.     Not applicable                                                                                 12

Item 6.         Exhibits and Reports on Form 8-K                                                               12
</TABLE>

                                        2


<PAGE>
PART  I - Item 1.    Financial Statements
                     --------------------

              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP - II

                                 Balance Sheets

                       June 30, 2000 and December 31, 1999
<TABLE>
<CAPTION>
                                                                                      (Unaudited)
                                                                                        June 30,     December 31,
                      Assets                                                              2000           1999
                      ------                                                              ----           ----
<S>                                                                                  <C>                  <C>
Property and equipment:
     Land                                                                            $    848,015         848,015
     Buildings and improvements                                                         9,213,626       9,161,085
     Furniture, fixtures and equipment                                                    441,860         441,860
                                                                                     ------------    ------------

                                                                                       10,503,501      10,450,960
     Less accumulated depreciation                                                      5,969,891       5,867,469
                                                                                     ------------    ------------

                           Net property and equipment                                   4,533,610       4,583,491

Cash and cash equivalents                                                                 106,830         141,101
Escrow deposits                                                                            91,448          71,736
Accounts receivable, less allowance for doubtful accounts of
     $200,108 and $153,941 for 2000 and 1999, respectively                                 25,481          10,479
Receivables from affiliated parties                                                       104,982         126,347
Deferred mortgage costs, less accumulated amortization of $6,000
     and $1,200 in 2000 and 1999, respectively                                             91,183          95,983
Other assets                                                                               12,247          10,833
                                                                                     ------------    ------------

                           Total assets                                              $  4,965,781       5,039,970
                                                                                     ============    ============

         Liabilities and Partners' Deficiency
         ------------------------------------

Liabilities:
     Mortgage loans payable                                                             6,458,172       6,569,638
     Accounts payable and accrued expenses                                                522,538         469,611
     Accrued interest payable                                                              41,486              --
     Security deposits and prepaid rents                                                  132,149         150,195
                                                                                     ------------    ------------

                           Total liabilities                                            7,154,345       7,189,444
                                                                                     ------------    ------------
Equity in losses of unconsolidated joint ventures in
     excess of investment                                                               1,093,647       1,085,462
Minority interest in consolidated joint venture                                           107,137         101,544
Partners' deficiency:
     General partners                                                                    (262,436)       (260,850)
     Limited partners                                                                  (3,126,912)     (3,075,630)
                                                                                     ------------    ------------

                           Total partners' deficiency                                  (3,389,348)     (3,336,480)
                                                                                     ------------    ------------
Contingency
                                                                                     ------------    ------------
                           Total liabilities and partners' deficiency                $  4,965,781       5,039,970
                                                                                     ============    ============
</TABLE>
See accompanying notes to financial statements.
                                        3
<PAGE>
               REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP-II

                            Statements of Operations

            Three and six month periods ended June 30, 2000 and 1999
<TABLE>
<CAPTION>
                                                            Three months ended            Six months ended
                                                            ------------------            ----------------
                                                                     (As restated)               (As restated)
                                                          June 30,      June 30,       June 30,     June 30,
                                                            2000         1999            2000         1999
                                                            ----         ----            ----         ----
<S>                                                      <C>              <C>         <C>             <C>
Income:
     Rental                                              $  565,735       496,884     1,148,297       956,612
     Interest and other income                               15,745        24,347        33,787        49,165
                                                         ----------    ----------    ----------    ----------

              Total income                                  581,480       521,231     1,182,084     1,005,777
                                                         ----------    ----------    ----------    ----------
Expenses:
     Property operations                                    355,240       322,256       648,944       790,658
     Interest                                               174,875       189,705       312,396       384,866
     Depreciation                                            56,561       113,809       104,687       187,005
     Administrative:
         Affiliated parties                                  55,853        70,466       110,127       122,597
         Other                                               61,244        55,050       125,020       155,989
                                                         ----------    ----------    ----------    ----------

              Total expenses                                703,773       751,286     1,301,174     1,641,115
                                                         ----------    ----------    ----------    ----------

Loss before equity in earnings from
     joint venture and minority interest in
     consolidated joint venture
     operations                                            (122,293)     (230,055)     (119,090)     (635,338)

Equity in earnings of joint venture                          37,620        22,723        71,815        53,954

Minority interest in consolidated
     joint venture operations                                 1,314         4,145        (5,593)       38,371
                                                         ----------    ----------    ----------    ----------

              Net loss                                      (83,359)     (203,187)      (52,868)     (543,013)
                                                         ==========    ==========    ==========    ==========

Net loss per limited partnership unit                    $    (8.09)       (19.71)        (5.13)       (52.67)
                                                         ==========    ==========    ==========    ==========

Weighted average number of limited
     partnership units outstanding                           10,000        10,000        10,000        10,000
                                                         ==========    ==========    ==========    ==========
</TABLE>
See accompanying notes to financial statements.
                                        4
<PAGE>
               REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP-II

                        Statement of Partners' Deficiency

                         Six months ended June 30, 2000


<TABLE>
<CAPTION>
                                                         General         Limited Partners
                                                         Partners       Units       Amount
                                                         --------       -----       ------
<S>                                                    <C>               <C>      <C>
Balances at January 1, 2000                            $ (260,850)       10,000   (3,075,630)

Net loss                                                   (1,586)           --      (51,282)
                                                       ----------    ----------   ----------

Balances at June 30, 2000                              $ (262,436)       10,000   (3,126,912)
                                                       ==========    ==========   ==========
</TABLE>
































See accompanying notes to financial statements.
                                        5


<PAGE>
               REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP-II

                            Statements of Cash Flows

                     Six months ended June 30, 2000 and 1999
<TABLE>
<CAPTION>
                                                                                              Six months ended
                                                                                              ----------------
                                                                                                     (As restated)
                                                                                           June 30,     June 30,
                                                                                             2000         1999
                                                                                             ----         ----
<S>                                                                                       <C>           <C>
Cash flows from operating activities:
     Net loss                                                                             $ (52,868)    (543,013)
     Adjustments to reconcile net loss to net cash provided
         by (used in) operating activities:
              Depreciation and amortization                                                 109,487      282,226
              Equity in net income of joint venture                                         (71,815)     (53,954)
              Minority interest in consolidated joint venture operations                      5,593      (38,371)
              Changes in:
                  Escrow deposits                                                           (19,712)      25,376
                  Accounts receivable                                                       (15,002)       1,188
                  Receivables to affiliated parties                                          21,365      (24,768)
                  Other assets                                                               (3,679)     (42,146)
                  Accounts payable and accrued expenses                                      52,927       (4,028)
                  Accrued interest payable                                                   41,486        9,188
                  Security deposits and prepaid rents                                       (18,046)     (14,416)
                                                                                          ---------    ---------

                           Net cash provided by (used in)
                                operating activities                                         49,736     (402,718)
                                                                                          ---------    ---------

Cash flows from investing activities:
     Distributions from joint venture                                                        80,000           --
     Additions to property and equipment                                                    (52,541)      (9,747)
                                                                                          ---------    ---------

                           Net cash used in investing activities                             27,459       (9,747)
                                                                                          ---------    ---------

Cash flows from financing activities - principal payments
     on mortgage loans                                                                     (111,466)     (70,709)
                                                                                          ---------    ---------

Net decrease in cash and cash equivalents                                                   (34,271)    (483,174)

Cash and cash equivalents at beginning of period                                            141,101      498,376
                                                                                          ---------    ---------

Cash and cash equivalents at end of period                                                $ 106,830       15,202
                                                                                          =========    =========

Supplemental disclosure of cash flow information -
      cash paid during the period for interest                                            $ 270,910      280,457
                                                                                          =========    =========
</TABLE>
See accompanying notes to financial statements.
                                        6


<PAGE>
               REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP-II

                          Notes to Financial Statements

                     Six months ended June 30, 2000 and 1999



(1)  Basis of Presentation
--------------------------

     The accompanying interim financial statements have been prepared in
         accordance with generally accepted accounting principles and, in the
         opinion of management, contain all necessary adjustments for a fair
         presentation. The Partnership's significant accounting policies are set
         forth in its December 31, 1999 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. Certain reclassifications of prior
         period numbers may have been made to conform to the current period
         presentation.

(2)  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,
         its only industry segment. 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 can
         receive compensation for services rendered and reimbursement for
         expenses incurred on behalf of the Partnership.

(3)  Investment in Joint Ventures
---------------------------------

     The Partnership has a 50% interest in Research Triangle Industrial Park
         Joint Venture, with the other 50% owned by Realmark Property Investors
         Limited Partnership - VIA (RPILP - VIA), an entity affiliated through
         common general partnership.

     A summary of the assets, liabilities and equity of the Research Triangle
         Industrial Park Joint Venture as of June 30, 2000 and December 31, 1999
         and the results of its operations for the six months ended June 30,
         2000 and 1999 follows.
<TABLE>
<CAPTION>
                                                                                     June 30,          December 31,
                                Assets                                                 2000                1999
                                ------                                                 ----                ----
<S>                                                                              <C>                      <C>
     Property, net of accumulated depreciation                                   $    1,523,627           1,573,886
     Cash                                                                                42,324             149,508
     Escrow deposits                                                                    775,983             694,740
     Other assets                                                                       328,678             271,914
                                                                                 --------------        ------------

                           Total assets                                          $    2,670,612           2,690,048
                                                                                 ==============        ============
</TABLE>

                                        7


<PAGE>
              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP - II

                    Notes to Financial Statements, Continued


(3)  Investment in Joint Ventures, Continued
--------------------------------------------
<TABLE>
<CAPTION>
                                                                                     June 30,          December 31,
                  Liabilities and Partners' Deficiency                                 2000                1999
                  ------------------------------------                                 ----                ----
<S>                                                                              <C>                      <C>
     Liabilities:
         Mortgage loan                                                           $    5,380,358           5,418,498
         Accounts payable and accrued expenses                                          109,361              74,287
                                                                                 --------------         -----------

                           Total liabilities                                          5,489,719           5,492,785
     Partners' deficiency                                                            (2,819,107)         (2,802,737)
                                                                                 --------------         -----------

                           Total liabilities and partners' deficiency            $    2,670,612           2,690,048
                                                                                 ==============         ===========
</TABLE>
<TABLE>
<CAPTION>
                                                                                            Six months ended
                                                                                            ----------------
                                                                                     June 30,            June 30,
                                                                                      2000                 1999
                                                                                      ----                 ----
<S>                                                                              <C>                        <C>
     Income:
         Rental                                                                  $      510,996             493,973
         Interest                                                                        10,401               7,091
                                                                                 --------------        ------------

                           Total income                                                 521,397             501,064
                                                                                 --------------        ------------
     Expenses:
         Property operations                                                             63,477              70,275
         Interest                                                                       225,921             224,617
         Depreciation and amortization                                                   50,259              63,107
         Administrative                                                                  38,110              35,157
                                                                                 --------------        ------------

                           Total expenses                                               377,767             393,156
                                                                                 --------------        ------------

                           Net income                                            $      143,630             107,908
                                                                                 ==============        ============
     Allocation of net income:
         The Partnership                                                         $       71,815              53,954
         RPILP - VI A                                                                    71,815              53,954
                                                                                 --------------        ------------

                           Total                                                 $      143,630             107,908
                                                                                 ==============        ============
</TABLE>
     The Partnership also has an interest, with the Adaron Group, in the
         Research Triangle Land Joint Venture that is included in equity in
         losses of unconsolidated joint ventures in excess of investment on the
         balance sheets. Capital contributions to the Venture are equal to its
         net losses which have not been significant.

                                        8
<PAGE>
              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP - II

                    Notes to Financial Statements, Continued



(4)  Property and Equipment
---------------------------

     In July 1999, a plan was established to dispose of one of the
         Partnership's properties, Foxhunt Apartments. Therefore, that asset is
         carried at the lower of depreciated cost or fair value less costs to
         sell and has not been depreciated during the disposal period.
         Depreciation of this property not recorded for the three and six months
         ended June 30, 2000 was approximately $60,000 and $120,000,
         respectively. Additionally, the Partnership's Northwind property was
         subject to a sales plan during the first quarter of 1999. Therefore,
         $40,000 of depreciation on it was not recorded in the six months ended
         June 30, 1999.

(5)  Mortgage Loans Payable
---------------------------

     One of the Partnership's mortgage loans on Northwind Office Park, in the
         approximate amount of $187,000 at June 30, 2000, matured in 1995. No
         extension of the maturity has been granted and the loan is currently
         callable on demand.

(6)  Prior Period Adjustments
-----------------------------

     The net losses for the three and six month periods ended June 30, 1999 have
         been corrected to give effect to year-end 1999 adjustments as follows:
<TABLE>
<CAPTION>
                                                                                  Three months          Six months
                                                                                  ended June 30,      ended June 30,
                                                                                       1999                1999
                                                                                       ----                ----
<S>                                                                              <C>                      <C>
              As previously reported                                             $     (81,291)           (247,287)
              Elimination of depreciation expense on Northwind
                   Office Park held for disposal during the period                          --              40,339
              Increase in interest expense of joint venture                            (15,000)                 --
              Repairs and maintenance expense recorded in wrong
                   period                                                              (70,000)            (70,000)
              Reduction of minority interest in net loss of consolidated
                   joint venture to reflect actual                                     (36,896)           (266,065)
                                                                                 -------------        ------------

              As restated                                                        $    (203,187)           (543,013)
                                                                                 =============        ============
</TABLE>
     The net loss per limited partnership unit increased $11.82 to $19.71 for
         the three months ended June 30, 1999 and $28.68 to $52.67 for the six
         months ended June 30, 1999.

                                        9
<PAGE>
              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP - II

                    Notes to Financial Statements, Continued




(7)  Current Accounting Pronouncements
--------------------------------------

     In June 2000, the Financial Accounting Standards Board issued Statement of
         Financial Accounting Standards No. 138 - "Accounting for Certain
         Derivative Instruments and Certain Hedging Activities, an Amendment of
         Statement No. 133" which amends certain provisions of Statement of
         Financial Accounting Standards No. 133 - "Accounting for Derivative
         Instruments and Hedging Activities." These statements establish
         accounting and financial reporting standards for derivative instruments
         and hedging activities. These statements become effective for the
         Partnership on January 1, 2001. The effect, if any, that Statements No.
         133 and 138 will have on the Partnership's operations and financial
         position will not be material.

(8)  Contingencies
------------------

     The Partnership, as a nominal defendant, the General Partners of the
         Partnership and the three individuals constituting the officers and
         directors of the Corporate General Partner, as defendants, were served
         with a Summons and Complaint on April 19, 2000 in a class and
         derivative action instituted by Ira Gaines and on August 21, 2000 in a
         class and derivative action instituted by Sean O'Reilly and Louise
         Homburger, each in Supreme Court, County of Erie, State of New York.
         The actions allege breaches of contract and breaches of fiduciary duty
         and seek, among other things, an accounting, the removal of the General
         Partners, the liquidation of the Partnership and the appointment of a
         receiver to supervise the liquidation, and damages. The General
         Partners and the officers and directors of the Corporate General
         Partner have filed a motion to dismiss the first complaint and are
         presently reviewing the second complaint and intend to vigorously
         pursue their defense.

     Accounts payable and accrued expenses as of June 30, 2000 and December 31,
         1999 include delinquent taxes and interest on Northwind Office Park
         totaling approximately $243,000 and $228,000, respectively. The result
         of these delinquencies could be substantial penalties or the potential
         loss of the property. A range of total loss is not estimable at June
         30, 2000.
                                       10


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

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

The improvement in the Partnership's operations discussed below resulted in the
generation of approximately $50,000 of cash in the first half of 2000, compared
to more than $400,000 of cash used by operations in the first half of 1999. The
cash from operations and an $80,000 cash distribution from its unconsolidated
joint venture investee, net of capital additions and principal payments on
mortgage loans, reduced the Partnership's cash position to $107,000 at June 30,
2000.

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

For the second quarter of 2000, the Partnership had a net loss of $83,359
compared to a net loss of $203,187 for the 1999 quarter, an improvement of
approximately $120,000. In the first half of 2000, the net loss decreased
approximately $490,000 from the comparable 1999 period. The results of
operations, before consideration of equity in the net income of the
unconsolidated joint venture and minority interest in the consolidated joint
venture, improved approximately $108,000 in the 2000 second quarter and
approximately $516,000 in the first six months. The primary components of the
improvement were as follows:
<TABLE>
<CAPTION>
                                                                     Three months          Six months
                                                                    ended 6/30/00         ended 6/30/00
                                                                    -------------         -------------
<S>                                                                     <C>                   <C>
     Income increase - rental                                           $ 69,000              192,000
     Expense decreases (increases):
         Property operations                                             (33,000)             142,000
         Interest                                                         15,000               72,000
         Depreciation                                                     57,000               82,000
         Administrative                                                   10,000               43,000
     Other                                                               (10,000)             (15,000)
                                                                      ----------            ---------
                                                                        $ 38,000              446,000
                                                                      ==========            =========
</TABLE>
The increase in rental income was generated by: (1) Northwind Office Complex,
$45,000 in the quarter and $118,000 in the half; and (2) Foxhunt Apartments,
$18,000 in the quarter and $71,000 in the half, principally as a result of
higher occupancy and reduced concessions. Other income decreased in 2000 because
of a drop in vending machine receipts.

The largest decreases in property operations expense in the six months ended
June 30, 2000 were in the replacement costs of noncapitalized items such as
carpeting and appliances and related payroll expenses. The reduction in interest
costs reflects a $45,000 decrease in the amortization of deferred mortgage costs
as well as lower principal balances and rate. Depreciation expense in the 1999
quarter ($73,000) is related only to the Foxhunt property since the Northwind
property was considered held-for-sale at that time. The opposite is true in the
2000 quarter; the Foxhunt property is being actively marketed, while Northwind
is no longer being actively marketed. Thus, depreciation expense of $48,000 in
the 2000 quarter relates only to Northwind and is not comparable to depreciation
expense in the 1999 period. The decrease in administrative expenses in 2000 is
the net result of changes in several areas including advertising and
professional fees.

                                       11
<PAGE>
PART I - Item 3.    Quantitative and Qualitative Disclosures About Market Risk
                    ----------------------------------------------------------

     The Partnership's cash equivalents are short-term, interest-bearing bank
         accounts and its mortgage loans are fixed-rate. It has not entered into
         any derivative contracts. Therefore, it has no market risk exposure.


                           PART II - OTHER INFORMATION
                                     -----------------

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

     The Partnership, as a nominal defendant, the General Partners of the
         Partnership and the three individuals constituting the officers and
         directors of the Corporate General Partner, as defendants, were served
         with a Summons and Complaint on April 19, 2000 in a class and
         derivative action instituted by Ira Gaines and on August 21, 2000 in a
         class and derivative action instituted by Sean O'Reilly and Louise
         Homburger, each in Supreme Court, County of Erie, State of New York.
         The actions allege breaches of contract and breaches of fiduciary duty
         and seek, among other things, an accounting, the removal of the General
         Partners, the liquidation of the Partnership and the appointment of a
         receiver to supervise the liquidation, and damages. The General
         Partners and the officers and directors of the Corporate General
         Partner have filed a motion to dismiss the first complaint and are
         presently reviewing the second complaint and intend to vigorously
         pursue their defense.

Items 2, 3, 4 and 5
-------------------

     Not applicable.


Item 6.  Exhibits and Reports on Form 8-K
-----------------------------------------

     The Partnership reported a change in independent accountants under item 4
         of Form 8-K, filed on January 19, 2000 and amended on February 3, 2000,
         April 17, 2000 and May 2, 2000.


                                   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

By:    /s/ Joseph M. Jayson                          12/01/00
       ---------------------------------             ----------------
        Joseph M. Jayson,                            Date
        Individual General Partner and
        Principal Financial Officer

                                       12