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 June 30, 2008

                                       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)
                                                                  June 30,              December 31,
                                                                    2008                    2007
                                                                    ----                    ----
<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 (loss) in unconsolidated
joint ventures in excess of investment                               566,953                 634,047
Cash and equivalents                                                 707,407                 752,241
Accounts receivable                                                   10,575                   8,856
Receivable from affiliates                                            59,550                  59,550
Other assets                                                         178,337                 126,101
                                                                ------------               ---------

     Total assets                                               $  3,854,698               3,912,671
                                                                ============               =========

             Liabilities and Partners' Equity
             --------------------------------
Accounts payable and accrued expenses                                 58,265                  30,806
Other liabilities                                                     42,189                  44,455
Partners' equity                                                   3,754,244               3,837,410
                                                                ------------               ---------

     Total liabilities and partners' equity                     $  3,854,698               3,912,671
                                                                ============               =========
</TABLE>



























                                       2
<PAGE>
<TABLE>
<CAPTION>
                       Condensed Statements of Operations
                       ----------------------------------
                                   (Unaudited)

                                                        Three months ended June 30,          Six months ended June 30,
                                                        ---------------------------          -------------------------
                                                           2008              2007              2008              2007
                                                           ----              ----              ----              ----
<S>                                                      <C>                 <C>               <C>               <C>
Rental income                                            $ 212,943           221,950           425,462           418,749
Other income                                                   384               567               866             1,232
                                                         ---------         ---------        ----------       -----------

    Total income                                           213,327           222,517           426,328           419,981
                                                         ---------         ---------        ----------       -----------

Property operating costs                                   165,943           116,993           309,668           272,575
Administrative expense - affiliates                         29,638            45,591            62,291            88,151
Other administrative expense                                40,747            16,748            70,441            56,236
                                                         ---------         ---------        ----------       -----------
    Total expenses                                         236,328           179,332           442,400           416,962
                                                         ---------         ---------        ----------       -----------

Income before equity in earnings of
joint ventures                                             (23,001)           43,185           (16,072)            3,019
Equity in earnings of joint ventures                       (58,027)            4,773           (67,094)           10,507
                                                         ---------         ---------        ----------       -----------

    Net income                                           $ (81,028)           47,958           (83,166)           13,526
                                                         =========         =========        ==========       ===========

Net income per limited partnership unit                  $   (7.86)             4.65             (8.07)             1.31
                                                         =========         =========        ==========       ===========
Weighted average limited partnership units
  outstanding                                            $  10,000            10,000            10,000            10,000
                                                         =========         =========        ==========       ===========
</TABLE>



























                                       3
<PAGE>
<TABLE>
<CAPTION>
                       Condensed Statements of Cash Flows
                       ----------------------------------
                                   (Unaudited)

                                                                                           Six months ended June 30,
                                                                                           -------------------------
                                                                                            2008              2007
                                                                                            ----              ----
<S>                                                                                       <C>                  <C>
Cash used in:
Operating activities:
   Net income                                                                             $ (83,166)           13,526
   Adjustments:
     Equity in earnings of joint ventures                                                    67,094           (10,507)
     Other, principally changes in other assets and liabilities                             (28,762)          (14,154)
                                                                                          ----------        ----------

   Net cash used in operating activities                                                    (44,834)          (11,135)
                                                                                          ----------        ----------

Net decrease in cash and equivalents                                                        (44,834)          (11,135)

Cash and equivalents at beginning of period                                                 752,241           775,650
                                                                                          ----------        ----------

Cash and equivalents at end of period                                                     $ 707,407           764,515
                                                                                          =========         =========
</TABLE>
































                                       4
<PAGE>
                          Notes to Financial Statements
                     Six months ended June 30, 2008 and 2007
                                   (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, 2007 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, 2007 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 June 30, 2008, 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.











                                       5
<PAGE>
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 six month periods ended June 30, 2008 was approximately
$40,000 and $85,000 respectively.

Tender Offer
------------

On May 6, 2008, an unrelated third party filed a tender offer with the
Securities Exchange Commission under Schedule TO to purchase 9,481.5 units of
limited partnership interest of the Partnership. Refer to the filling for
additional information.

Investment in Research Triangle Industrial Park Joint Venture
-------------------------------------------------------------

The Venture owns and operates the Research Triangle Industrial Park West, an
office/warehouse facility located in Durham County, North Carolina. Summary
financial information of the Venture follows:
<TABLE>
<CAPTION>
                            Balance Sheet Information
                            -------------------------

                                                            June 30,          December 31,
                                                              2008                2007
                                                              ----                ----
<S>                                                       <C>                       <C>
Assets:
    Cash and equivalents                                  $      4,077              1,041
    Receivable from affiliates                                 996,840          1,056,840
    Accrued interest receivable                                126,756             84,504
    Other assets                                                20,661             20,661
                                                          ------------        -----------

      Total assets                                        $  1,148,334          1,163,046
                                                          ============        ===========

Liabilities:
    Accounts payable and accrued expenses                       69,681             33,050
    Payable to affiliates                                      156,853             74,010
                                                          ------------        -----------

      Total liabilities                                        226,534            107,060

Partners' equity:
    The Partnership                                            460,900            527,993
    RPILP - VI A                                               460,900            527,993
                                                          ------------        -----------

      Total partners' equity                                   921,800          1,055,986
                                                          ------------        -----------

      Total liabilities and partners' equity              $  1,148,334          1,163,046
                                                          ============        ===========
</TABLE>







                                       6
<PAGE>
<TABLE>
<CAPTION>
                                   Operating Information
                                   ---------------------

                                        Three months ended June 30,          Six months ended June 30,
                                        ---------------------------          -------------------------
                                          2008              2007              2008              2007
                                          ----              ----              ----              ----
<S>                                    <C>                  <C>             <C>               <C>
Interest income                          $  21,126            21,126          42,252            42,252
Other                                            -                15               -             6,800
                                        ----------          --------        --------         ---------

    Total income                            21,126            21,141          42,252            49,052
                                        ----------          --------        --------         ---------
Property operating costs                         -             5,490               -             7,084
Interest                                       263                 -             515               239
Administrative                             136,917             6,105         175,925            20,715
                                        ----------          --------        --------         ---------

    Total expenses                         137,180            11,595         176,440            28,038
                                        ----------          --------        --------         ---------

    Net income                          $ (116,054)            9,546        (134,188)           21,014
                                        ==========          ========        ========         =========
Allocation of net income:
 The Partnership                           (58,027)            4,773         (67,094)           10,507
 RPILP - VI A                              (58,027)            4,773         (67,094)           10,507
                                        ----------          --------        --------         ---------

                                        $ (116,054)            9,546        (134,188)           21,014
                                        ==========          ========        ========         =========
</TABLE>
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 $45,000 and $11,000 during the first six month period ended June
30, 2008 and 2007, respectively. The Partnership made no distributions to
limited partners in the first six months of 2008 and 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 six months of 2007, the Partnership's income, excluding
equity in earnings from joint ventures, decreased approximately $19,000 from a
net income of $3,000 in 2007 to a net loss of $16,000 in 2008.

Total expenses increased approximately $25,000. Property operations increased
approximately $37,000, primarily due to increased utility and maintenance costs.
Other administrative expense increased approximately $14,000 due to an increase
in professional fees. Administrative expense to affiliates decreased
approximately $26,000 due to a decrease in portfolio management fees.

                                       7
<PAGE>
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.

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, 2007.

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.

                                       8
<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


              August 14, 2008                /s/ Joseph M. Jayson
              ---------------                ----------------------------------
                    Date                     Joseph M. Jayson,
                                             Individual General Partner and
                                             Principal Financial Officer





































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