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
March 31, 1999                                                33-17579

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


        Delaware                                 16-1309988
(State of Formation)                   (IRS Employer Identification Number)



2350 North Forest Road
Suite 12 A
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_____

Indicate by a check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of the registrant's knowledge, in definitive proxy or information
statements incorporated by reference in part III of this Form 10-Q or any
amendment to this Form 10-Q. ( X )

As of March 31, 1999 the registrant had 78,625.10 units of limited partnership
interest outstanding.


<PAGE>
              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
              ----------------------------------------------------

                                      INDEX
                                      -----

<TABLE>
<CAPTION>

                                                                                   PAGE NO.
                                                                                   --------
<S>                                                                                     <C>
PART I:  FINANCIAL INFORMATION
-------  ---------------------

                  Balance Sheets -
                           March 31, 1999 and December 31, 1998                         3

                  Statements of Operations -
                           Three Months Ended March 31, 1999 and 1998                   4

                  Statements of Cash Flows -
                           Three Months Ended March 31, 1999 and 1998                   5

                  Statements of Partners' (Deficit) Capital -
                           Three Months Ended March 31, 1999 and 1998                   6

                  Notes to Financial Statements                                      7 - 21


PART II: MANAGEMENT'S DISCUSSION & ANALYSIS OF
----------------------------------------------
         FINANCIAL CONDITION & RESULTS OF OPERATIONS                                22 - 24
         -------------------------------------------

PART III:  FINANCIAL DATA SCHEDULE
---------  -----------------------

</TABLE>


                                       -2-
<PAGE>
<TABLE>
<CAPTION>
              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
              ----------------------------------------------------
                                 BALANCE SHEETS
                                 --------------
                      March 31, 1999 and December 31, 1998
                      ------------------------------------
                                   (Unaudited)

                                                                         March 31,                 December 31,
                                                                           1999                        1998
                                                                           ----                        ----
<S>                                                                          <C>                        <C>
ASSETS
------

Property, at cost:
     Land                                                                  $   780,500                $   780,500
     Buildings and improvements                                              6,028,430                  6,028,430
     Furniture, fixtures and equipment                                         255,652                    255,652
                                                                     ------------------          -----------------
                                                                             7,064,582                  7,064,582
     Less accumulated depreciation                                           1,935,963                  1,874,186
                                                                     ------------------          -----------------
          Property, net                                                      5,128,619                  5,190,396

Investments in real estate joint ventures                                      196,203                    230,429

Cash                                                                           739,545                    842,779
Accounts receivable - affiliate                                                122,257                     99,995
Escrow deposits                                                                302,113                    328,770
Mortgage costs, net of accumulated amortization
     of $21,038 and $18,207 respectively                                       318,668                    321,499
Other assets                                                                    30,770                     31,676
                                                                     ------------------          -----------------

            Total Assets                                                   $ 6,838,175                $ 7,045,544
                                                                     ==================          =================


LIABILITIES AND PARTNERS' CAPITAL
---------------------------------

Liabilities:
     Mortgages payable                                                     $ 5,277,930                $ 5,309,087
     Accounts payable and accrued expenses                                     231,386                    232,180
     Security deposits and prepaid rents                                       100,425                     91,261
                                                                     ------------------          -----------------
            Total Liabilities                                                5,609,741                  5,632,528
                                                                     ------------------          -----------------

Partners' (Deficit) Capital:
     General partners                                                         (147,674)                  (142,137)
     Limited partners                                                        1,376,108                  1,555,153
                                                                     ------------------          -----------------
           Total Partners' Capital                                           1,228,434                  1,413,016
                                                                     ------------------          -----------------

           Total Liabilities and Partners' Capital                         $ 6,838,175                $ 7,045,544
                                                                     ==================          =================

</TABLE>
                        See notes to financial statements

                                       -3-

<PAGE>
<TABLE>
<CAPTION>

              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
              ----------------------------------------------------
                            STATEMENTS OF OPERATIONS
                            ------------------------
                   Three Months Ended March 31, 1999 and 1998
                   ------------------------------------------
                                   (Unaudited)
                                                                       Three Months                Three Months
                                                                           Ended                      Ended
                                                                         March 31,                  March 31,
                                                                           1999                        1998
                                                                           ----                        ----
<S>                                                                          <C>                        <C>
Income:
     Rental                                                                  $ 441,941                  $ 394,281
     Interest and other income                                                  20,247                     17,142
                                                                                                 -----------------
                                                                     ------------------
     Total income                                                              462,188                    411,423
                                                                     ------------------          -----------------

Expenses:
     Property operations                                                       338,662                    404,170
     Interest                                                                  112,597                    115,984
     Depreciation and amortization                                              64,608                     64,608
     Administrative:
          To affiliates                                                         41,143                     41,463
          Other                                                                 55,534                     56,391
                                                                                                 -----------------
                                                                     ------------------
     Total expenses                                                            612,544                    682,616
                                                                     ------------------          -----------------

Loss before allocated loss from joint venture                                 (150,356)                  (271,193)

Allocated loss from joint ventures                                             (34,226)                   (28,386)
                                                                     ------------------          -----------------

Net loss                                                                    $ (184,582)                $ (299,579)
                                                                     ==================          =================

Loss per limited partnership unit                                           $    (2.28)                $    (3.70)
                                                                     ==================          =================

Distributions per limited partnership unit                                  $        -                 $        -
                                                                     ==================          =================

Weighted average number of
     limited partnership units
     outstanding                                                              78,625.1                   78,625.1
                                                                     ==================          =================

</TABLE>
                        See notes to financial statements


                                       -4-
<PAGE>
<TABLE>
<CAPTION>

              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
              ----------------------------------------------------
                            STATEMENTS OF CASH FLOWS
                            ------------------------
                   Three Months Ended March 31, 1999 and 1998
                   ------------------------------------------
                                   (Unaudited)

                                                                       Three Months                Three Months
                                                                           Ended                      Ended
                                                                         March 31,                  March 31,
                                                                           1999                        1998
                                                                           ----                        ----
<S>                                                                         <C>                        <C>
Cash flow from operating activities:
     Net loss                                                               $ (184,582)                $ (299,579)

Adjustments to reconcile net loss to net cash
     used in operating activities:
     Depreciation and amortization                                              64,608                     64,749
     Net loss from joint venture(s)                                             34,226                     28,386
Changes in operating assets and liabilities:
     Other assets                                                                  906                     (1,040)
     Accounts payable and accrued expenses                                        (794)                    26,724
     Security deposits and prepaid rent                                          9,164                    (39,567)
                                                                     ------------------          -----------------
Net cash used in operating activities                                          (76,472)                  (220,327)
                                                                     ------------------          -----------------

Cash flow from investing activities:
     (Increase) in accounts receivable - affiliates                            (22,262)                         -
     Decrease in escrow deposits                                                26,657                     47,457
                                                                     ------------------          -----------------
Net cash provided by investing activities                                        4,395                     47,457
                                                                     ------------------          -----------------

Cash flows from financing activities:
     Principal payments on mortgages and
     net cash used in financing activities                                     (31,157)                    (6,563)
                                                                     ------------------          -----------------

Decrease in cash                                                              (103,234)                  (179,433)

Cash - beginning of period                                                     842,779                  1,421,615
                                                                     ------------------          -----------------

Cash - end of period                                                         $ 739,545                $ 1,242,182
                                                                     ==================          =================


Supplemental Disclosure of Cash Flow Information:
     Cash paid for interest                                                  $ 112,597                $   115,984
                                                                     ==================          =================

</TABLE>
                        See notes to financial statements


                                       -5-
<PAGE>
<TABLE>
<CAPTION>

              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
              ----------------------------------------------------
                    STATEMENTS OF PARTNERS' (DEFICIT) CAPITAL
                    -----------------------------------------
                   Three Months Ended March 31, 1999 and 1998
                   ------------------------------------------
                                   (Unaudited)


                                                                 General                       Limited Partners
                                                                Partners
                                                                 Amount                 Units                  Amount
                                                                 ------                 -----                  ------
<S>                                                                <C>                   <C>                    <C>
Balance, January 1, 1998                                           $ (122,707)           78,625.1               $ 2,438,063

Net loss                                                               (8,987)                  -                  (290,591)
                                                            ------------------      --------------        ------------------

Balance, March 31, 1998                                            $ (131,694)           78,625.1               $ 2,147,472
                                                            ==================      ==============        ==================



Balance, January 1, 1999                                           $ (142,137)           78,625.1               $ 1,555,153

Net loss                                                               (5,537)                  -                  (179,045)
                                                            ------------------      --------------        ------------------

Balance, March 31, 1999                                            $ (147,674)           78,625.1               $ 1,376,108
                                                            ==================      ==============        ==================
</TABLE>
                        See notes to financial statements

                                       -6-


<PAGE>
              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
              ----------------------------------------------------
                          NOTES TO FINANCIAL STATEMENTS
                          -----------------------------
                   Three Months Ended March 31, 1999 and 1998
                   ------------------------------------------
                                   (Unaudited)


1.    GENERAL PARTNERS' DISCLOSURE
      ----------------------------

      In the opinion of the General Partners of Realmark Property Investors
      Limited Partnership VI-B, all adjustments necessary for a fair
      presentation of the Partnership's financial position, results of
      operations and changes in cash flows for the three month periods ended
      March 31, 1999 and 1998, have been made in the financial statements. Such
      financial statements are unaudited and subject to any year-end adjustments
      which may be necessary.


2.    FORMATION AND OPERATION OF PARTNERSHIP
      --------------------------------------

      Realmark Property Investors Limited Partnership VI-B (the "Partnership"),
      a Delaware Limited Partnership, was formed on September 21, 1987, to
      invest in a diversified portfolio of income-producing real estate
      investments.

      In November 1988, the Partnership commenced the public offering of units
      of limited partnership interest. Other than matters relating to
      organization, it had no business activities and, accordingly, had not
      incurred any expenses or earned any income until the first interim closing
      (minimum closing) of the offering, which occurred on February 2, 1989. The
      offering was concluded on February 28, 1990, at which time 78,625.1 units
      of limited partnership interest were sold and outstanding. The General
      Partners are Realmark Properties, Inc., a wholly-owned subsidiary of J.M.
      Jayson & Company, Inc. and Joseph M. Jayson, the Individual General
      Partner. Joseph M. Jayson is the sole shareholder 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.



                                       -7-
<PAGE>


      FORMATION AND OPERATION OF PARTNERSHIP (CONTINUED)
      -------------------------------------------------

      Net income or loss and proceeds arising from a sale or refinancing shall
      be distributed first to the limited partners in amounts equivalent to a 7%
      return on the average of their adjusted capital contributions, then an
      amount equal to their capital contributions, then an amount equal to an
      additional 5% of the average of their adjusted capital contributions after
      the general partners receive a 3% property disposition fee. Such fees
      shall be reduced, but not below zero, by the amounts necessary to pay to
      limited partners whose subscriptions were accepted by January 31, 1989, an
      additional cumulative annual return (not compounded) equal to 2% based on
      their average adjusted capital contributions, and to limited partners
      whose subscriptions were accepted between February 1, 1989 and June 30,
      1989, an additional cumulative annual return (not compounded) equal to 1%
      based on their average adjusted capital contributions commencing with the
      first fiscal quarter following the termination of the offering of units,
      then to all partners in an amount equal to their respective positive
      capital balances, and finally, in the ratio of 87% to the limited partners
      and 13% to the general partners.

      The partnership agreement also provides that distribution of funds,
      revenues, costs and expenses arising from partnership activities,
      exclusive of any sale or refinancing activities, are to be allocated 97%
      to the limited partners and 3% to the general partners.

3.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
      ------------------------------------------

      Use of Estimates
      ----------------

      The preparation of financial statements in conformity with generally
      accepted accounting principles requires management to make estimates and
      assumptions that affect the reported amounts of assets and liabilities and
      disclosure of contingent assets and liabilities at the date of the
      financial statements and the reported amounts of revenues and expenses
      during the reporting period. Actual results could differ from those
      estimates.

      Cash
      ----

      For purposes of reporting cash flows, cash includes the following items:
      cash on hand; cash in checking; and money market savings.


                                       -8-
<PAGE>


      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
      ------------------------------------------------------

      Property and Depreciation
      -------------------------

      Depreciation is provided using the straight-line method over the estimated
      useful lives of the respective assets. Expenditures for maintenance and
      repairs are expensed as incurred, and major renewals and betterments are
      capitalized. The Accelerated Cost Recovery System and Modified Accelerated
      Cost Recovery System are used to determine depreciation expense for tax
      purposes.

      Mortgage Costs
      --------------

      Mortgage costs incurred in obtaining property mortgage financing have been
      deferred and are being amortized over the terms of the respective
      mortgages.

      Unconsolidated Joint Ventures
      -----------------------------

      The Partnership's investment in affiliated real estate joint venture(s)
      are accounted for on the equity method. The joint venture(s) are not
      consolidated in the Partnership's financial statements because the
      Partnership is not the majority owner.

      Rental Income
      -------------

      Leases for residential properties have terms of one year or less. Rental
      income is recognized on the straight line method over the term of the
      lease.

      Rents Receivable
      ----------------

      Due to the nature of these accounts, residential rents receivable are
      fully reserved as of March 31, 1999 and 1998.

      Income (Loss) per Limited Partnership Unit
      ------------------------------------------

      The income (loss) per limited partnership unit is based on the weighted
      average number of limited partnership units outstanding during the period.


                                       -9-
<PAGE>

      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
      ------------------------------------------------------

      Comprehensive Income
      --------------------

      The Partnership has adopted Statement of Financial Accounting Standards
      (SFAS) No. 130, Reporting Comprehensive Income. SFAS 130 establishes
      standards for reporting and display of comprehensive income and its
      components in a full set of general purpose financial statements.
      Comprehensive income is defined as "the change in equity of a business
      during a period from transactions and other events and circumstances from
      non-owner sources". Other than net income (loss), the Partnership has no
      other sources of comprehensive income.

      Segment Information
      -------------------

      SFAS No. 131, Disclosures about Segments of an Enterprise and Related
      Information establishes standards for the way public business enterprises
      report information about operating segments in annual financial
      statements. The Partnership's only operating segment is the ownership and
      operation of income-producing real property for the benefit of its limited
      partners.

4.    ACQUISITION AND DISPOSITION OF RENTAL PROPERTY
      ----------------------------------------------

      In June 1991 the Partnership acquired a 192 unit apartment complex
      (Fairway Club, formerly The Villa) located in Greenville, South Carolina
      for a purchase price of $3,165,456, which included $373,493 in acquisition
      fees.

      In June 1991 the Partnership acquired a 144 unit apartment complex
      (Players Club) located in Lutz, Florida for a purchase price of
      $3,070,800, which included $190,737 in acquisition fees.


5.    MORTGAGES PAYABLE
      -----------------

      In connection with the acquisition of rental property, the Partnership
      obtained mortgages as follows:

      Fairway Club (formerly The Villa)
      ---------------------------------

      A mortgage with a balance of $2,598,554 and $2,639,105 at March 31, 1999
      and 1998, respectively, providing for monthly principal and interest
      payments of $20,002, bearing interest at 8.30%. The note matures June
      2027. The mortgage is secured by the assets of Fairway Club (formerly The
      Villa) Apartment complex.


                                      -10-
<PAGE>

      MORTGAGES PAYABLE (CONTINUED)
      -----------------------------

      Players Club
      ------------

      A mortgage with a balance of $2,679,376 and $2,699,977 at March 31, 1999
      and 1998, respectively, providing for principal and interest payments of
      $20,824, bearing interest at 8.48%. The note matures June 2027.
      The mortgage is secured by the assets of Players Club Apartment complex.

      The aggregate maturities of mortgages payable for each of the next five
      years are as follows:

                           Year                            Amount
                           ----                            ------

                           1999                      $        46,170
                           2000                               50,196
                           2001                               54,574
                           2002                               59,333
                           2003                               64,507
                           Thereafter                      5,034,307
                                                     ---------------

                           TOTAL                     $     5,309,087
                                                     ===============



6.    RELATED PARTY TRANSACTIONS
      --------------------------

      Management fees for the management of certain of the Partnership's
      properties are paid to an affiliate of the General Partners. The
      management agreement provides for 5% of gross monthly receipts of the
      complexes to be paid as fees for administering the operations of the
      properties. These fees totaled $20,091 for both the three months ended
      March 31, 1999 and 1998.

      According to the terms of the Partnership Agreement, the General Partner
      is also entitled to receive a partnership management fee equal to 7% of
      net cash flow (as defined in the Partnership Agreement), 2% of which is
      subordinated to the limited partners having received an annual cash return
      equal to 7% of their adjusted capital contributions. There were no such
      fees paid or accrued for the three months ended March 31, 1999 or 1998.


                                      -11-
<PAGE>

      RELATED PARTY TRANSACTIONS (CONTINUED)
      --------------------------------------

      Pursuant to the terms of the Partnership agreement, the corporate general
      partner charges the Partnership for reimbursement of certain costs and
      expenses incurred by the corporate general partner and its affiliates in
      connection with the administration of the Partnership and acquisition of
      properties. These charges are for the Partnership's allocated share of
      such costs and expenses as payroll, travel, communication costs related to
      partnership accounting, partner communication and relations, and
      acquisition of properties. Partnership accounting, communication,
      marketing and acquisition expenses are allocated based on total assets,
      number of partners and number of units, respectively.

      Accounts receivable - affiliates amounted to $122,257 at March 31, 1999.
      The majority of this balance was reimbursed during the second quarter of
      1999; the balance is in the process of being reimbursed.

      Computer service charges for the partnerships are paid or accrued to an
      affiliate of the General Partner. The fee is based upon the number of
      apartment units and totaled $3,168 for the three months ended March 31,
      1999 and 1998.

7.    INCOME TAXES
      ------------

      No provision has been made for income taxes since the income or loss of
      the partnership is to be included in the tax returns of the individual
      partners.

      The tax returns of the Partnership are subject to examination by the
      Federal and state taxing authorities. Under federal and state income tax
      laws, regulations and rulings, certain types of transactions may be
      accorded varying interpretations and, accordingly, reported partnership
      amounts could be changed as a result of any such examination.


                                      -12-
<PAGE>
      INCOME TAXES (CONTINUED)
      ------------------------

      The reconciliation of net loss for the three months ended March 31, 1999
      and 1998 as reported in the statements of operations, and as would be
      reported for tax purposes, is as follows:
<TABLE>
<CAPTION>
                                                           March 31,                 March 31,
                                                             1999                     1998
                                                             ----                     ----
<S>                                                     <C>                        <C>
      Net loss - statement of operations                $ ( 184,582)               $  (299,554)

      Add to (deduct from):
         Difference in depreciation                           7,800                      8,348
         Tax basis adjustments -
         Joint Ventures                                       5,000                   ( 17,973)
         Other non-deductible expenses                       15,600                          -
                                                      -------------              -------------

      Net loss - tax return purposes                     $( 156,182)              $  ( 309,179)
                                                      =============              =============
</TABLE>

      The reconciliation of Partners' Capital as of March 31, 1999 and December
      31, 1998 as reported in the balance sheet, and as reported for tax
      purposes, is as follows:
<TABLE>
<CAPTION>
                                                        March 31,               December 31,
                                                          1999                      1998
                                                          ----                      ----
<S>                                                   <C>                       <C>
     Partners' Capital - balance sheet                $ 1,228,434               $ 1,413,016

     Add to (deduct from):
         Accumulated difference in
         depreciation                                 (     1,033)               (    8,833)
         Tax basis adjustment -
         Joint Ventures                                    88,555                    83,555
         Syndication fees                               1,179,381                 1,179,381
         Other non-deductible expenses                    346,898                   331,298
                                                     ------------              ------------

     Partners' Capital - tax return purposes         $  2,842,235               $ 2,998,417
                                                     ============              ============
</TABLE>
                                      -13-
<PAGE>

8.    INVESTMENT IN JOINT VENTURES
      ----------------------------

      On September 27, 1991 the Partnership entered into an agreement to form a
      joint venture with Realmark Property Investors Limited Partnership II
      (RPILP II) and Realmark Property Investors Limited Partnership VI-B (RPILP
      VI-B). The joint venture was formed for the purpose of operating the
      Foxhunt Apartments located in Dayton, Ohio and owned by RPILP II. Under
      the terms of the original agreement, the Partnership contributed $390,000
      and RPILP VI-B contributed $1,041,568 to buy out the wraparound promissory
      note on the property. RPILP II contributed the property net of the first
      mortgage.

      On April 1, 1992 RPILP II returned RPILP VI-A's entire capital
      contribution and $580,000 of the capital originally invested by the
      Partnership. The amended joint venture agreement now provides that any
      income, loss, gain, cash flow or sale proceeds be allocated 88.5% to RPILP
      II and 11.5% to the Partnership. Prior to the buyout the allocations were
      63.14% to RPILP II, 26.82% to the Partnership and 10.04% to the RPILP
      VI-A. The allocated net loss of the joint venture has been included in the
      statements of operations of the Partnership.

      In July of 1996, the Partnership entered into a plan to dispose of the
      property, plant and equipment of Foxhunt Apartments with a carrying amount
      of $2,886,577 and a net loss of $129,930 for the year then ended.
      Management has determined that a sale of the property is in the best
      interest of the investors. As of December 31, 1996, an agreement,
      cancelable by the buyer, was signed with an anticipated sales price of
      $7.4 million. The agreement was subsequently canceled in 1997 by the
      buyer.

      The following financial statements of the joint venture are presented on a
      historical-cost basis. The equity ownership was determined based upon the
      cash paid into the joint venture by the Partnership as a percentage of the
      general partner's estimate of the fair market value of the apartment
      complex and other net assets at the date of inception.

      A summary of the assets, liabilities and partner's capital of the joint
      venture as of June 30, 1998 and December 31, 1997 and the results of its
      operations for the six months ended June 30, 1998 and 1997 is as follows:


                                      -14-
<PAGE>
<TABLE>
<CAPTION>

                             FOX HUNT JOINT VENTURE
                             ----------------------
                                 BALANCE SHEETS
                                 --------------
                      March 31, 1999 and December 31, 1998
                      ------------------------------------


                                                                              March 31,           December 31
                                                                                1999                  1998
                                                                                ----                  ----
<S>                                                                              <C>                 <C>
ASSETS
------
    Cash and cash equivalents                                                  $   639,927           $ 1,014,583
    Property, net of accumulated depreciation                                    2,457,968             2,530,775
    Accounts receivable - affiliates                                                46,608               228,256
    Mortgage costs                                                                  81,163               128,910
    Other assets                                                                   818,941               361,253
                                                                           ----------------     -----------------

                 Total Assets                                                  $ 4,044,607           $ 4,263,777
                                                                           ================     =================


LIABILITIES AND PARTNERS' CAPITAL
---------------------------------

Liabilities:
     Mortgage payable                                                          $ 6,000,000           $ 6,000,000
     Accounts payable  and accrued expenses                                        382,722               294,685
     Other liabilities                                                             103,161               112,747
                                                                           ----------------     -----------------
                 Total Liabilities                                               6,485,883             6,407,432
                                                                           ----------------     -----------------

Partners' Capital                                                               (2,441,276)           (2,143,655)
                                                                           ----------------     -----------------

                Total Liabilities and Partners' Capital                        $ 4,044,607           $ 4,263,777
                                                                           ================     =================


</TABLE>

                                      -15-
<PAGE>
<TABLE>
<CAPTION>

                             FOX HUNT JOINT VENTURE
                             ----------------------
                            STATEMENTS OF OPERATIONS
                            ------------------------
                   Three Months Ended March 31, 1999 and 1998
                   ------------------------------------------


                                                                            Three Months          Three Months
                                                                                Ended                Ended
                                                                              March 31,            March 31,
                                                                                1999                  1998
                                                                                ----                  ----
<S>                                                                              <C>                   <C>
Income:
     Rental                                                                      $ 332,044             $ 339,183
     Interest and other income                                                      23,229                21,559
                                                                           ----------------     -----------------
     Total income                                                                  355,273               360,742
                                                                           ----------------     -----------------

Expenses:
     Property operations                                                           330,825               208,416
     Depreciation and amortization                                                 120,553                74,905
     Interest                                                                      130,938               101,365
     Administrative                                                                 70,578                50,901
                                                                           ----------------     -----------------
     Total expenses                                                                652,894               435,587
                                                                           ----------------     -----------------

Net income (loss)                                                               $ (297,621)            $ (74,845)
                                                                           ================     =================



Allocation of net income (loss):

     The Partnership                                                            $  (34,226)            $  (8,607)
     Other Joint Venturer (RPILP II)                                              (263,395)              (66,238)
                                                                           ----------------     -----------------

                                                                                $ (297,621)            $ (74,845)
                                                                           ================     =================
</TABLE>
                                      -16-
<PAGE>

      INVESTMENT IN JOINT VENTURES (CONTINUED)
      ---------------------------------------
      A reconciliation of the Partnership's investment in the joint venture is
      as follows:
<TABLE>
<CAPTION>

                                                              1999               1998
                                                              ----               ----
<S>                                                       <C>                  <C>
      Investment in joint venture, January 1              $   267,383          $  375,900
      Allocation of net (loss) income                         (34,226)            ( 8,607)
                                                          -----------          ----------

      Investment in joint venture, March 31               $   233,157          $  367,293
                                                          ===========          ==========

</TABLE>

      On August 30, 1992 the Partnership entered into a joint venture agreement
      with Realmark Property Investors Limited Partnership IV (RPILP IV) for the
      purpose of operating the Lakeview Apartment complex located in Milwaukee,
      Wisconsin and owned by RPILP IV. Under the terms of the agreement, the
      Partnership contributed $175,414 while RPILP IV contributed the property
      net of the outstanding mortgage.

      The joint venture agreement provides that any income, loss, cash flow or
      sale proceeds be allocated 16.22% to the Partnership and 83.78% to RPILP
      IV. The allocated net loss of the joint venture for the three month period
      ended March 31, 1998 has been included in the statement of operations for
      the Partnership.

      In July of 1996, the Partnership entered into a plan to dispose of the
      property, plant and equipment of Lakeview Village Apartments with a
      carrying amount of $2,507,241 and a net loss of $222,600 for the year
      ended December 31, 1996. Management has determined that a sale of the
      property is in the best interest of the investors. As of December 31,
      1996, an agreement, cancelable by the buyer, was signed with an
      anticipated sales price of $4,090,000. The agreement was subsequently
      canceled in 1997 by the buyer. In December 1998, management closed on the
      sale of this property. The sales price was $3,400,000, and the resulting
      gain for financial statement purposes was $851,317. The Lakeview Joint
      Venture satisfied the majority of its mortgage liability using the
      proceeds from the sale of its property. The remaining obligation was
      forgiven by the lender, resulting in an extraordinary gain of $253,159 for
      financial statement purposes.

      The Partnership, as General Partner, may be required to satisfy the
      outstanding liabilities of the Lakeview Joint Venture in excess of its
      ownership interest.

                                      -17-
<PAGE>

      INVESTMENT IN JOINT VENTURES (CONTINUED)
      ---------------------------------------

      Financial Accounting Standards Statement No. 121, Accounting for the
      Impairment of Long-lived Assets and for Long-lived Assets to be Disposed
      Of (the "Statement") requires that assets to be disposed of be recorded at
      the lower of carrying value or fair value, less costs to sell. The
      Statement also requires that such assets not be depreciated during the
      disposal period, as the assets will be recovered through sale rather than
      through operations. In accordance with this Statement, the long-lived
      assets of the Partnership, classified as held for sale on the balance
      sheet, are recorded at the carrying amount which is the lower of carrying
      value or fair value less costs to sell, and have not been depreciated
      during the disposal period. Depreciation expense, not recorded during the
      disposal period, for the three months ended March 31, 1998 totaled
      approximately $42,000.

      The equity ownership percentage was determined based upon the cash paid
      into the joint venture by the Partnership as a percentage of the general
      partner's estimate of the fair market value of the apartment complex and
      other net assets at the date of inception.

      A summary of the assets, liabilities and partners' capital of the joint
      venture as of March 31, 1999 and December 31, 1998 and the results of its
      operations for the three months ended March 31, 1999 and 1998 is as
      follows:


                                      -18-

<PAGE>
<TABLE>
<CAPTION>
                             LAKEVIEW JOINT VENTURE
                             ----------------------
                                 BALANCE SHEETS
                                 --------------
                       June 30, 1998 and December 31, 1997
                       -----------------------------------


                                                                              March 31,             December 31,
                                                                                 1999                   1998
                                                                                 ----                   ----
<S>                                                                                <C>                    <C>
ASSETS
------

    Property, net of accumulated depreciation                                      $      -               $      -
    Other assets                                                                     25,264                 25,264
                                                                           -----------------      -----------------

                 Total Assets                                                      $ 25,264               $ 25,264
                                                                           =================      =================



LIABILITIES AND PARTNERS' CAPITAL
---------------------------------

Liabilities:
     Accounts payable  and accrued expenses                                        $ 90,452               $ 90,452
     Accounts payable - affiliates                                                  410,862                410,862
                                                                           -----------------      -----------------
                 Total Liabilities                                                  501,314                501,314
                                                                           -----------------      -----------------

Partners' (Deficit)                                                                (476,050)              (476,050)
                                                                           -----------------      -----------------

                Total Liabilities and Partners' (Deficit) Capital                  $ 25,264               $ 25,264
                                                                           =================      =================

</TABLE>
                                      -19-
<PAGE>
<TABLE>
<CAPTION>
                             LAKEVIEW JOINT VENTURE
                             ----------------------
                            STATEMENTS OF OPERATIONS
                            ------------------------
                     Six Months Ended June 30, 1998 and 1997
                     ---------------------------------------


                                                                             Three Months           Three Months
                                                                                Ended                  Ended
                                                                              March 31,              March 31,
                                                                                 1999                   1998
                                                                                 ----                   ----
<S>                                                                                     <C>               <C>

Income:
     Rental                                                                     $         -             $   81,081
     Interest and other income                                                            -                  3,744
                                                                           -----------------      -----------------
     Total income                                                                         -                 84,825
                                                                           -----------------      -----------------

Expenses:
     Property operations                                                                  -                 82,732
     Depreciation and amortization                                                        -                 43,743
     Interest                                                                             -                 51,544
     Administrative                                                                       -                 28,746
                                                                           -----------------      -----------------
     Total expenses                                                                       -                206,765
                                                                           -----------------      -----------------

Net loss                                                                        $         -             $ (121,940)
                                                                           =================      =================



Allocation of net loss:

     The Partnership                                                            $         -             $  (19,779)
     Other Joint Venturer                                                                 -               (102,161)
                                                                           -----------------      -----------------

                                                                                $         -             $ (121,940)
                                                                           =================      =================

</TABLE>

                                      -20-
<PAGE>


      INVESTMENT IN JOINT VENTURES (CONTINUED)
      ---------------------------------------

      A reconciliation of the Partnership's investment in the joint venture is
      as follows:
<TABLE>
<CAPTION>
                                                               1999             1998
                                                               ----             ----
<S>                                                        <C>                <C>
      Investment in joint venture, January 1               $  (36,954)        $ ( 28,675)
      Allocation of net loss                                        -          (  19,779)
                                                           -----------        -----------

      Investment in joint venture, March 31                $  (36,954)        $ ( 48,454)
                                                           ===========        ===========
</TABLE>


                                      -21-
<PAGE>


      PART II  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
               -------------------------------------------------
               CONDITION AND RESULTS OF OPERATIONS.
               ------------------------------------


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

      The Partnership continued to utilize existing cash to fund its operations.
      At March 31, 1999, management feels there is still adequate cash to
      complete scheduled capital improvements (both capitalizable and
      non-capitalizable). Management continues to replace carpeting and
      appliances as needed to either rent an apartment or maintain a current
      resident. Other capital improvements and/or physical improvements planned
      and/or in process include continuing both interior and exterior painting,
      repairs and possible replacement of some concrete sidewalks, resurfacing
      of the tennis courts, and completion of roof and gutter repairs at Fairway
      Club (formerly The Villas). Management continues to stress to its on-site
      employees the importance of physical appearance as a means of attracting
      new tenants.

      No distribution was made during the three months ended March 31, 1999 or
      1998. It is uncertain as to when the Partnership will be in a position to
      resume making distributions, although management is hopeful that a
      distribution will be made in the current year once the capital improvement
      work scheduled at the properties is either completed or the full costs may
      be measured.

      Management has been concentrating heavily on increasing occupancies and at
      the same time controlling expenses. Occupancy at Fairway Club Apartments
      (formerly The Villas) has increased up to 84.9% at March 31, 1999; in the
      previous year, occupancy at this property had declined to a low of 70%.
      Occupancy at Players Club remains consistently high reaching 98.6% at
      March 31, 1999. The General Partner feels that the Partnership will
      continue to see improvements in the next several months of 1999 due to the
      completion of on-going improvements being made to the property.

      During 1998, Lakeview Apartments located in Milwaukee, Wisconsin was put
      into receivership by the lender. This was done as a result of the
      Partnership's failure to make regular principal and interest payments on
      its mortgage. Due to the poor financial condition of this property and the
      extremely low occupancy, management put significant efforts and time into
      selling the property and were eventually successful in December of 1998.
      The sales price was $3,400,000, and the resulting gain for financial
      statement purposes was $851,317. The Lakeview Joint Venture satisfied the
      majority of its mortgage liability using the proceeds from the sale of its
      property. The remaining obligation was forgiven by the lender, resulting
      in an extraordinary gain of $253,159 for financial statement purposes. It
      is expected that the Joint Venture will pay off its remaining liabilities
      and liquidate some time during 1999.

                                      -22-
<PAGE>

      Liquidity and Capital Resources (Cont'd.)
      ----------------------------------------

      The Partnership has conducted a review of its computer systems to identify
      the systems that could be affected by the "year 2000 issue" and has
      substantially developed an implementation plan to resolve such issues. The
      year 2000 issue is the result of computer programs being written using two
      digits rather than four digits to define the applicable year. Computer
      programs that have time-sensitive software may recognize a date using "00"
      as the year 1900 rather than the year 2000. This could result in a system
      failure or miscalculations causing disruptions of operations, including,
      among other things, a temporary inability to process transactions, send
      invoices, or engage in similar normal business activities. Management has
      discussed with outside independent computer consultants its readiness for
      the Year 2000. The majority of the software in use is either "2000
      compliant" or will be with little adaptation and at no significant cost
      per information provided by their software providers. Management has also
      engaged a computer firm to re-write its tax software making it Year 2000
      compliant. This work is scheduled to begin May 1, 1999 and is expected to
      take three months. Management has a complete inventory of its computers
      and feels that the cost of replacing those which will not be "2000
      compliant" will be relatively minor (i.e., most likely under $20,000).
      Non-informational systems have also been evaluated and management feels
      that there will be little, if any, cost to preparing these for the Year
      2000 (i.e., most likely under $20,000). Management expects to be fully
      Year 2000 compliant with all testing done by September 30, 1999. The
      Partnership is working on a contingency plan in the unlikely event that
      its systems do not operate as planned. It is management's belief that in
      the unlikely event that its informational systems do not operate as
      planned in the year 2000, all records could be maintained manually until
      the problems with its systems are resolved. Management feels that its
      external vendors, suppliers and customers, for the most part, will be
      unaffected by the Year 2000 as most do not rely on information systems in
      their businesses.

      Result of Operations
      --------------------

      For the quarter ended March 31, 1999, the Partnership's net loss was
      $184,582 or $2.28 per limited partnership unit. Net loss for the three
      months ended March 31, 1998 amounted to $299,579 or $3.70 per unit.


                                      -23-
<PAGE>

      Result of Operations (Cont'd.)
      ------------------------------

      Partnership revenue for the quarter ended March 31, 1999 totaled $462,188,
      an increase of approximately $51,000 or 12% from the 1998 amount of
      $411,423. Total rental revenue increased by approximately $48,000, while
      interest and other income increased approximately $3,000 between the three
      months ended March 31, 1999 and 1998. The increase in rental income is the
      result of higher occupancy at Fairway Club Apartments (formerly The
      Villas), improved collections and decreased concessions at both Fairway
      Club and Players Club.

      For the three months ended March 31, 1999, Partnership expenses amounted
      to $612,544 which is a decrease of approximately $70,000 from those
      incurred in the same quarter in 1998 which totaled $682,616. The decrease
      is virtually all related to a decrease in property operations expenses.
      The largest decrease in operations expenses was in contracted services;
      both properties in the Partnership saw an over 50% decrease in such
      expenses due to the fact that more maintenance work is being done by
      in-house maintenance staff. Players Club Apartments actually incurred
      higher payroll and related costs totaling approximately $10,000 for the
      three months ended March 31, 1999 as compared to the same period during
      1998 due to more maintenance at the property being done by on-site
      personnel. Other decreases in property operations expenses were seen at
      both properties in repairs and maintenance expenses; during the first
      three months of 1998, Fairway Club Apartments (formerly The Villas)
      incurred expenses for exterior siding and other exterior structural work
      which was not incurred again during the three months ended March 31, 1999.
      Total administrative expenses remained fairly consistent between the two
      three month periods with only a small decrease of approximately $1,200
      being recorded.

      For the three month period ended March 31, 1999, the Foxhunt Joint Venture
      incurred a net loss of $297,621 as compared to a loss of $74,845 for the
      same period in 1998. This property suffered from lower occupancies and
      difficulty in collections during the three month period ended March 31,
      1999, but management expects the property to show improvement during the
      remainder of 1999 as capital and physical improvements such as sidewalk
      repairs, balcony repairs, installation of new lighting in common areas and
      painting are completed . The Partnership was allocated $34,226 and $8,607
      of the total net loss for the three month periods ended March 31, 1999 and
      1998, respectively.

      On a tax basis, the Partnership loss totaled $156,182 or $1.93 per limited
      partnership unit for the three month period ended March 31, 1999 as
      compared to the tax loss for the three month period ended March 31, 1998
      which was $309,179 or $3.81 per limited partnership unit.


                                      -24-
<PAGE>
              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
              ----------------------------------------------------


                                     PART II
                                     -------

                                OTHER INFORMATION
                                -----------------



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

      The Partnership is not party to, nor is it the subject of, any material
      pending legal proceedings other than ordinary routine litigation
      incidental to the Partnership's business.


      Item 2, 3, 4 and 5
      ------------------

      Not applicable.


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

      None.


                                      -25-
<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 PARTNERSHIP VI-B


      By:/s/  Joseph M. Jayson                                June 1, 1999
         --------------------------------------------         ------------------
         Joseph M. Jayson,                                    Date
         Individual General Partner



      Pursuant to the requirements of the Securities Exchange Act of 1934, this
      report has been signed by the following persons on behalf of the
      registrant and in the capacities and on the dates indicated.


      By: REALMARK PROPERTIES, INC.
          Corporate General Partner


          /s/  Joseph M. Jayson                               June 1, 1999
          --------------------------------------------        ------------------
          Joseph M. Jayson,                                   Date
          President and Director


          /s/  Judith P. Jayson                               June 1, 1999
          --------------------------------------------        ------------------
          Judith P. Jayson,                                   Date
          Director


          /s/  Michael J. Colmerauer                          June 1, 1999
          --------------------------------------------        ------------------
          Michael J. Colmerauer                               Date
          Secretary



                                      -26-