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 March 31, 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)
                                                                  March 31,                 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 (loss) in unconsolidated
      joint ventures in excess of investment                             626,140                    627,172
Cash and equivalents                                                     720,996                    775,650
Accounts receivable                                                       29,443                     34,307
Receivable from affiliates                                                59,550                     59,550
Other assets                                                             130,330                    109,615
                                                             --------------------        -------------------
     Total assets                                            $         3,898,335                  3,938,170
                                                             ====================        ===================

               Liabilities and Partners' Equity
               --------------------------------
Accounts payable and accrued expenses                                     52,130                     60,222
Other liabilities                                                         49,554                     46,865
Partners' equity                                                       3,796,651                  3,831,083
                                                             -------------------         -------------------
     Total liabilities and partners' equity                  $         3,898,335                  3,938,170
                                                             ====================        ===================
</TABLE>























                                        2
<PAGE>
<TABLE>
<CAPTION>
                       Condensed Statements of Operations
                       ----------------------------------
                                   (Unaudited)
                                                                          Three months ended March 31,
                                                                 -----------------------------------------------
                                                                        2007                       2006
                                                                 --------------------       --------------------
<S>                                                              <C>                        <C>
Rental income                                                    $           196,799                    195,205
Other income                                                                     665                      1,496
                                                                 --------------------       --------------------
     Total income                                                            197,464                    196,701
                                                                 --------------------       --------------------
Property operating costs                                                     155,582                    145,024
Administrative expense - affiliates                                           42,560                     33,032
Other administrative expense                                                  39,488                     19,758
                                                                 --------------------       --------------------
     Total expenses                                                          237,630                    197,814
                                                                 --------------------       --------------------
Loss before equity in earnings of joint venture                              (40,166)                    (1,113)
Equity in earnings of joint venture                                            5,734                     52,053
                                                                 --------------------       --------------------
     Net income (loss)                                           $           (34,432)                    50,940
                                                                 ====================       ====================
Net income (loss) per limited partnership unit                   $             (3.34)                      4.94
                                                                 ====================       ====================
Weighted average limited partnership units outstanding                        10,000                     10,000
                                                                 ====================       ====================
</TABLE>






























                                        3
<PAGE>
<TABLE>
<CAPTION>
                       Condensed Statements of Cash Flows
                       ----------------------------------
                                   (Unaudited)
                                                                                Three months ended March 31,
                                                                       -----------------------------------------------
                                                                              2007                       2006
                                                                       --------------------       --------------------
<S>                                                                    <C>                                     <C>
Cash provided (used) by:
Operating activities:
     Net income                                                        $           (34,432)                    50,940
     Adjustments:
          Equity in earnings of joint ventures                                       1,032                    (52,053)
          Other, principally changes in other assets and liabilities               (21,254)                   (77,621)
                                                                       --------------------       --------------------
               Net cash used by operating activities                               (54,654)                   (78,734)
                                                                       --------------------       --------------------
Net decrease in cash and equivalents                                               (54,654)                   (78,734)
Cash and equivalents at beginning of period                                        775,650                    172,125
                                                                       --------------------       --------------------
Cash and equivalents at end of period                                  $           720,996                     93,391
                                                                       ====================       ====================
</TABLE>

                          Notes to Financial Statements
                   Three months ended March 31, 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.

                                       4
<PAGE>
Property and Equipment
----------------------

At March 31, 2007, the Partnership owned and operated an office complex in
Michigan (Northwind Office Park), and was a partner in two joint ventures. It
had 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.


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 month periods ended March 31, 2007 and 2006 was approximately $
42,000 and $41,000, respectively.

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
                            -------------------------
                                                                   March 31,                     December 31,
         Assets:                                                     2007                            2006
                                                              --------------------            --------------------
<S>                                                           <C>                                          <C>
              Cash and equivalents                            $            44,353                          66,321
              Receivable from affiliates                                1,055,948                         958,074
              Accrued interest receivable                                  21,126                               -
              Other assets                                                 42,653                          42,653
                                                              --------------------            --------------------
                                     Total assets             $         1,164,080                       1,067,048
                                                              ====================            ====================

         Liabilities:
              Accounts payable and accrued expenses                         6,927                           7,954
              Payable to affiliates                                        86,591                               -
                                                              --------------------            --------------------
                                     Total liabilities                     93,518                           7,954
                                                              --------------------            --------------------
         Partners' equity:
              The Partnership                                             535,281                         529,547
              RPILP - VI A                                                535,281                         529,547
                                                              --------------------            --------------------
                                                                        1,070,562                       1,059,094
                                                              --------------------            --------------------
              Total liabilities and partners' equity          $         1,164,080                       1,067,048
                                                              ====================            ====================
</TABLE>









                                       5
<PAGE>
<TABLE>
<CAPTION>
                              Operating Information
                              ---------------------

                                                           Three months ended March 31,
                                                ----------------------------------------------------
                                                       2007                            2006
                                                --------------------            --------------------
<S>                                             <C>                                         <C>
         Rental income                          $                 -                         277,741
         Interest income                                     21,126                               -
         Other                                                6,785                           1,946
                                                --------------------            --------------------
              Total income                                   27,911                         279,687
                                                --------------------            --------------------
         Property operating costs                             1,594                          43,312
         Interest                                               239                          98,339
         Administrative                                      14,610                          20,399
                                                --------------------            --------------------
              Total expenses                                 16,443                         162,050
                                                --------------------            --------------------
              Net income                        $            11,468                         117,637
                                                ====================            ====================

         Allocation of net income:
              The Partnership                                 5,734                          58,819
              RPILP - VI A                                    5,734                          58,818
                                                --------------------            --------------------
                                                $            11,468                         117,637
                                                ====================            ====================
</TABLE>




























                                        6
<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 $54,000 and $79,000 during the first three month period ended
March 31, 2007 and 2006, respectively. The Partnership made no distributions to
limited partners in the first quarter of 2007 and 2006. 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 three months of 2006, the Partnership's income,
excluding equity in earnings from joint ventures, decreased approximately
$39,000 from a net loss of $1,000 in 2006 to a net loss of $40,000 in 2007.

Total expenses increased approximately $40,000. Property operations increased
approximately $10,000, primarily due to increased utility and maintenance costs.
Other administrative expense increased approximately $20,000 due to an increase
of approximately $20,000 in professional fees. Administrative expense to
affiliates increased approximately $9,500 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, non-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.

                                        7
<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
        -----------------

        (a) 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


              May 15, 2007               /s/ Joseph M. Jayson
              ------------               --------------------
                  Date                   Joseph M. Jayson,
                                         Individual General Partner and
                                         Principal Financial Officer









































                                       9