FORM 10-Q


                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


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


For the Quarter Ended                            Commission File Number
June 30, 1996                                         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 June 30, 1996 the  registrant had 78,625.10  units of limited  partnership
interest outstanding.



<PAGE>


              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
              ----------------------------------------------------

                                      INDEX
                                      -----



                                                                       PAGE NO.
                                                                       --------
PART I:     FINANCIAL INFORMATION
-------     ---------------------

            Balance Sheets -
                  June 30, 1996 and December 31, 1995                     3

            Statements of Operations -
                  Three Months Ended June 30, 1996 and 1995               4

            Statements of Operations -
                  Six Months Ended June 30, 1996 and 1995                 5

            Statements of Cash Flows -
                  Six Months Ended June 30, 1996 and 1995                 6

            Statements of Partners' (Deficit) Capital -
                  Six Months Ended June 30, 1996 and 1995                 7

            Notes to Financial Statements                               8 - 20


PART II:    MANAGEMENT'S DISCUSSION & ANALYSIS OF
--------    FINANCIAL CONDITION & RESULTS OF OPERATIONS                21 - 22
            -------------------------------------------




















                                       -2-

<PAGE>

              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
                                 BALANCE SHEETS
                       June 30, 1996 and December 31, 1995
                                   (Unaudited)

                                                       June 30      December 31,
                                                         1996            1995
                                                         ----            ----
ASSETS
------

Property, at cost:
     Land                                            $   746,000    $   746,000
     Buildings and improvements                        5,981,594      5,981,594
     Furniture, fixtures and equipment                   255,652        255,652
                                                     -----------    -----------
                                                       6,983,246      6,983,246
     Less accumulated depreciation                     1,228,959      1,110,360
                                                     -----------    -----------
          Property, net                                5,754,286      5,872,886

Investments in real estate joint ventures                413,607        440,646

Cash                                                     690,420        641,724
Accounts receivable - affiliate                          845,180        802,099
Property acquisition costs capitalized                      --             --
Mortgage costs, net of accumulated amortization
     of $163,430 and $86,425 respectively                107,582        133,251
Other assets                                             153,520        158,147
                                                     -----------    -----------

             Total Assets                            $ 7,964,594    $ 8,048,753
                                                     ===========    ===========


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

Liabilities:
     Mortgages payable                               $ 4,251,676    $ 4,263,769
     Accounts payable and accrued expenses               262,471        261,611
     Security deposits and prepaid rents                 126,165         85,166
                                                     -----------    -----------
             Total Liabilities                         4,640,312      4,610,546
                                                     -----------    -----------

Partners' (Deficit) Capital:
     General partners                                    (84,800)       (81,382)
     Limited partners                                  3,409,082      3,519,589
                                                     -----------    -----------
            Total Partners' Capital                    3,324,282      3,438,207
                                                     -----------    -----------

            Total Liabilities and Partners' Capital  $ 7,964,594    $ 8,048,753
                                                     ===========    ===========

                       See notes to financial statements

                                       -3-

<PAGE>

              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
                            STATEMENTS OF OPERATIONS
                    Three Months Ended June 30, 1996 and 1995
                                   (Unaudited)


                                                      Three Months  Three Months
                                                         Ended         Ended
                                                        June 30,      June 30,
                                                          1996          1995
                                                          ----          ----

Income:
     Rental                                            $ 398,615      $ 412,816
     Interest and other income                            29,314         28,763
                                                       ---------      ---------
     Total income                                        427,929        441,579
                                                       ---------      ---------

Expenses:
     Property operations                                 191,081        205,586
     Interest                                            111,317        110,267
     Depreciation and amortization                        72,134         61,795
     Administrative:
          Paid to affiliates                              19,979         40,271
          Other                                           54,830         31,131
                                                       ---------      ---------
     Total expenses                                      449,341        449,050
                                                       ---------      ---------

Loss before allocated loss from joint venture            (21,412)        (7,471)

Allocated loss from joint ventures                       (21,278)       (10,426)
                                                       ---------      ---------

Net loss                                               $ (42,690)     $ (17,897)
                                                       =========      =========

Loss per limited partnership unit                      $   (0.53)     $   (0.22)
                                                       =========      =========

Distributions per limited partnership unit             $    --        $    6.36
                                                       =========      =========

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



                        See notes to financial statements


                                       -4-

<PAGE>

              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
                            STATEMENTS OF OPERATIONS
                     Six Months Ended June 30, 1996 and 1995
                                   (Unaudited)

                                                        Six Months   Six Months
                                                          Ended        Ended
                                                         June 30      June 30
                                                           1996         1995
                                                           ----         ----

Income:
     Rental                                            $ 793,376      $ 819,157
     Interest and other income                            59,633         64,459
                                                       ---------      ---------
     Total income                                        853,009        883,616
                                                       ---------      ---------

Expenses:
     Property operations                                 430,115        416,869
     Interest                                            219,867        220,655
     Depreciation and amortization                       144,268        123,586
     Administrative:
          Paid to affiliates                              39,226        108,441
          Other                                          106,419         77,533
                                                       ---------      ---------
     Total expenses                                      939,895        947,084
                                                       ---------      ---------

Loss before allocated loss from joint venture            (86,886)       (63,468)

Allocated loss from joint ventures                       (27,039)       (24,055)
                                                       ---------      ---------

Net loss                                               $(113,925)     $ (87,523)
                                                       =========      =========

Loss per limited partnership unit                      $   (1.41)     $   (1.08)
                                                       =========      =========

Distributions per limited partnership unit             $    --        $    6.86
                                                       =========      =========

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







                        See notes to financial statements


                                       -5-

<PAGE>

              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
                            STATEMENTS OF CASH FLOWS
                     Six Months Ended June 30, 1996 and 1995
                                   (Unaudited)
<TABLE>
<CAPTION>
                                                               Six Months      Six Months
                                                                 Ended           Ended
                                                                June 30,        June 30,
                                                                  1996            1995
                                                                  ----            ----
<S>                                                           <C>             <C>  
Cash flow from operating activities:
     Net loss                                                 $  (113,925)    $   (87,523)

Adjustments to reconcile net loss to net cash
  provided by (used in) operating activities:
     Depreciation and amortization                                144,268         123,586
     Net loss from joint ventures                                  27,039          24,055
Changes in operating assets and liabilities:
     Accounts receivable                                             --            (7,731)
     Other assets                                                   4,627        (100,763)
     Accounts payable and accrued expenses                            860          26,989
     Security deposits and prepaid rent                            40,999           3,285
                                                              -----------     -----------
Net cash provided by (used in) operating activities               103,868         (18,102)
                                                              -----------     -----------

Cash flow from investing activities:
     Accounts receivable - affiliates                             (43,081)         55,377
     Capital expenditures                                            --              --
     Contributions to joint ventures, net of distributions           --              --
                                                              -----------     -----------
     Net cash (used in) provided by investing activities          (43,081)         55,377
                                                              -----------     -----------

Cash flows from financing activities:
     Distributions to partners                                       --          (540,529)
     Principal payments on mortgages                              (12,093)         (9,745)
                                                              -----------     -----------
Net cash (used in) financing activities                           (12,093)       (550,274)
                                                              -----------     -----------

Increase (decrease) in cash                                        48,694        (512,999)

Cash - beginning of period                                        641,726       1,895,609
                                                              -----------     -----------

Cash - end of period                                          $   690,420     $ 1,382,610
                                                              ===========     ===========


Supplemental Disclosure of Cash Flow Information:
     Cash paid for interest                                   $   218,626     $   110,388
                                                              ===========     ===========
</TABLE>









                        See notes to financial statements


                                       -6-

<PAGE>


              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
                    STATEMENTS OF PARTNERS' (DEFICIT) CAPITAL
                     Six Months Ended June 30, 1996 and 1995
                                   (Unaudited)


                                        General            Limited Partners
                                       Partners
                                        Amount           Units         Amount
                                        ------           -----         ------

Balance, January 1, 1995            $   (55,919)        78,625.1    $ 4,842,891

Distribution to partners                 (1,216)          --           (539,313)

Net loss                                 (2,626)          --            (84,897)
                                    -----------         --------    -----------

Balance, June 30, 1995              $   (59,761)        78,625.1    $ 4,218,681
                                    ===========         ========    ===========


Balance, January 1, 1996            $   (81,382)        78,625.1    $ 3,519,589

Distribution to partners                   --             --               --

Net loss                                 (3,418)          --           (110,507)
                                    -----------         --------    -----------

Balance, June 30, 1996              $   (84,800)        78,625.1    $ 3,409,082
                                    ===========         ========    ===========




















                        See notes to financial statements


                                       -7-

<PAGE>

              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
                          NOTES TO FINANCIAL STATEMENTS
                     Six Months Ended June 30, 1996 and 1995
                                   (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 six month periods ended June 30, 1996 and 1995,  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.

















                                       -8-

<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

     Cash
     ----

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

     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.














                                       -9-

<PAGE>

     SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

     Acquisition Fees
     ----------------

     Acquisition  fees  are  paid  to the  general  partner  as  properties  are
     specified,  which generally occurs when a contract to purchase the property
     is entered into. Acquisition fees are allocated to specific properties when
     actual  closing  takes place.  Acquisition  fees paid for  properties  that
     ultimately  are not acquired will be applied toward other  properties  that
     are  acquired  or  reallocated  to  existing  properties.   There  were  no
     capitalized acquisition fees at June 30, 1996.

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

     The  Partnership's  investment in affiliated real estate joint ventures are
     accounted for on the equity method.

     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 June 30, 1996 and 1995.

     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.

4.   ACQUISITION AND DISPOSITION OF RENTAL PROPERTY

     In June 1991 the  Partnership  acquired a 192 unit  apartment  complex (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.









                                      -10-

<PAGE>

5.   MORTGAGES PAYABLE

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

     The Villa
     ---------

     A mortgage with a balance of $1,963,073 and $1,984,019 at June 30, 1996 and
     1995,  respectively,  providing for monthly principal and interest payments
     of $17,998, bearing interest at 9.875%. The note matures July 1998.

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

     A mortgage with a balance of $2,288,603 and $2,304,950 at June 30, 1996 and
     1995,  respectively,  providing for monthly principal and interest payments
     of $20,402, bearing interest at 10%. The note matures July 1998.

     The mortgages  described above are secured by the individual  properties to
     which they relate.

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

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

                   1996             $      39,890
                   1997                    42,626
                   1998                 4,181,253
                                    -------------

                   TOTAL            $  4,263,769
                                    ============

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  $33,000  and  $42,488  for the six months  ended June 30, 1996 and
     1995, respectively.













                                      -11-

<PAGE>

     RELATED PARTY TRANSACTIONS (CONTINUED)

     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 six months ended June 30, 1996 or 1995.

     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 $845,420 and $0 at June 30,
     1996  and  1995  respectively.  This  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 six months ended June 30, 1996
     and 1995.

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 six months ended June 30, 1996 and
     1995 as reported in the statements of operations,  and as would be reported
     for tax purposes, is as follows:


                                                   June 30,           June 30,
                                                     1996               1995
                                                     ----               ----

    Net loss - statement of operations         $ ( 113,925)       $   ( 87,523)

    Add to (deduct from):
       Difference in depreciation                (     140)           (  4,900)
       Tax basis adjustments -
       Joint Ventures                            (   3,840)           (  4,120)
       Other non-deductible expenses                28,058              16,419
                                               -----------        ------------
 
    Net loss - tax return purposes             $  ( 89,847)       $   ( 80,124)
                                               ===========        ============ 


     The  reconciliation  of Partners'  Capital as of June 30, 1996 and December
     31,  1995  as  reported  in the  balance  sheet,  and as  reported  for tax
     purposes, is as follows:

                                                   March 31,      December  31,
                                                     1996               1995
                                                     ----               ----

    Partners' Capital - balance sheet          $  3,324,282       $  3,438,207

    Add to (deduct from):
       Accumulated difference in
       depreciation                               (  66,956)         (  66,816)
       Tax basis adjustment -
       Joint Ventures                             (  49,081)         (  45,241)
       Syndication fees                           1,179,381          1,179,381
       Other non-deductible expenses                205,269            177,211
                                               ------------       ------------ 

    Partners' Capital - tax return purposes    $  4,592,895       $  4,682,742
                                               ============       ============









                                      -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.

     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,  1996 and  December  31, 1995 and the results of its
     operations for the six months ended June 30, 1996 and 1995 is as follows:























                                      -14-

<PAGE>

                             FOX HUNT JOINT VENTURE
                                 BALANCE SHEETS
                       June 30, 1996 and December 31, 1995
<TABLE>
<CAPTION>

                                                               June 30     December 31
                                                                 1996          1995
                                                                 ----          ----
<S>                                                           <C>          <C>  
ASSETS
------

    Cash and cash equivalents                                $  206,085    $  155,903
    Property, net of accumulated depreciation                 2,910,597     3,016,534
    Other assets                                              1,674,426     1,857,979
                                                             ----------    ----------

                   Total Assets                              $4,791,109    $5,030,416
                                                             ==========    ==========


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

Liabilities:
     Mortgage payable                                        $4,542,292    $4,555,682
     Accounts payable  and accrued expenses                     143,262       322,266
     Other liabilities                                           81,213        65,275
                                                             ----------    ----------
                   Total Liabilities                          4,766,767     4,943,223
                                                             ----------    ----------

Partners' Capital                                                24,342        87,193
                                                             ----------    ----------

                  Total Liabilities and Partners' Capital    $4,791,109    $5,030,416
                                                             ==========    ==========

</TABLE>

























                                      -15-


<PAGE>

                             FOX HUNT JOINT VENTURE
                            STATEMENTS OF OPERATIONS
                     Six Months Ended June 30, 1996 and 1995


                                                      Six Months     Six Months
                                                        Ended          Ended
                                                       June 30,     December 31,
                                                         1996           1995
                                                         ----           ----

Income:
     Rental                                          $ 617,614        $ 695,956
     Interest and other income                          47,012           37,545
                                                     ---------        ---------
     Total income                                      664,626          733,501
                                                     ---------        ---------

Expenses:
     Property operations                               293,553          367,047
     Depreciation and amortization                     110,134          112,478
     Interest                                          204,757          205,905
     Administrative                                    119,034           84,920
                                                     ---------        ---------
     Total expenses                                    727,478          770,350
                                                     ---------        ---------

Net loss                                             $ (62,851)       $ (36,849)
                                                     =========        =========



Allocation of net loss:

     The Partnership                                 $  (7,228)       $  (4,238)
     Other Joint Venturer (RPILP II)                   (55,623)         (32,611)
                                                     ---------        ---------

                                                     $ (62,851)       $ (36,849)
                                                     =========        =========













                                      -16-

<PAGE>

     INVESTMENT IN JOINT VENTURES (CONTINUED)

     A reconciliation of the Partnership's investment in the joint venture is as
     follows:

                                                      1996              1995
                                                      ----              ----

    Investment in joint venture, January 1       $   386,061        $  417,159
    Allocation of net loss                           ( 7,228)          ( 4,238)
                                                 -----------        ----------  

    Investment in joint venture, June 30         $   378,833        $  412,921
                                                 ===========        ==========


     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 six month period
     ended June 30, 1996 has been included in the  statement of  operations  for
     the Partnership.

     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 June 30,  1996 and  December  31, 1995 and the results of its
     operations for the six months ended June 30, 1996 and 1995 is as follows:


















                                      -17-

<PAGE>

                             LAKEVIEW JOINT VENTURE
                                 BALANCE SHEETS
                       June 30, 1996 and December 31, 1995
<TABLE>
<CAPTION>

                                                                         June 30,      December 31,
                                                                           1996            1995
                                                                           ----            ----
<S>                                                                    <C>             <C>    
ASSETS
------

    Cash and cash equivalents                                          $      --       $     2,461
    Property, net of accumulated depreciation                            2,387,343       2,463,639
    Other assets                                                           628,518         429,110
                                                                       -----------     -----------

                   Total Assets                                        $ 3,015,861     $ 2,895,210
                                                                       ===========     ===========


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

Liabilities:
     Cash overdraft                                                    $    36,235     $      --
     Mortgage payable                                                    2,520,822       2,311,688
     Accounts payable  and accrued expenses                                294,317         279,426
     Accounts payable - affiliates                                         161,240         130,379
     Other liabilities                                                      37,086          85,414
                                                                       -----------     -----------
                   Total Liabilities                                     3,049,700       2,806,907
                                                                       -----------     -----------

Partners' Capital (Deficit):
     The Partnership                                                        34,773          54,585
     Other joint venturer                                                  (68,613)         33,718
                                                                       -----------     -----------
                  Total Partners' (Deficit) Capital                        (33,840)         88,303
                                                                       -----------     -----------

                  Total Liabilities and Partners' (Deficit) Capital    $ 3,015,861     $ 2,895,210
                                                                       ===========     ===========

</TABLE>













                                      -18-

<PAGE>

                             LAKEVIEW JOINT VENTURE
                            STATEMENTS OF OPERATIONS
                     Six Months Ended June 30, 1996 and 1995


                                                     Six Months      Six Months
                                                       Ended           Ended
                                                      June 30,        June 30,
                                                        1996            1995
                                                        ----            ----

Income:
     Rental                                         $ 357,414         $ 435,792
     Interest and other income                         24,212             6,054
                                                    ---------         ---------
     Total income                                     381,627           441,846
                                                    ---------         ---------

Expenses:
     Property operations                              216,945           239,135
     Depreciation and amortization                     98,296           138,216
     Interest                                         110,620            98,296
     Administrative                                    77,909            88,376
                                                    ---------         ---------
     Total expenses                                   503,769           564,023
                                                    ---------         ---------

Net loss                                            $(122,143)        $(122,177)
                                                    =========         =========



Allocation of net loss:

     The Partnership                                $ (19,812)        $ (19,817)
     Other Joint Venturer                            (102,331)         (102,360)
                                                    ---------         ---------

                                                    $(122,143)        $(122,177)
                                                    =========         =========














                                      -19-


<PAGE>


     INVESTMENT IN JOINT VENTURES  (CONTINUED)

     A reconciliation of the Partnership's investment in the joint venture is as
     follows:

                                                     1996          1995
                                                     ----          ----

    Investment in joint venture, January 1       $  54,585     $   97,210
    Allocation of net loss                         (19,812)       (19,817)
                                                 ---------     ----------

    Investment in joint venture, June 30         $  51,426     $   77,393
                                                 =========     ==========







































                                      -20-

<PAGE>

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


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

The Partnership  continues to generate sufficient cash from operations to enable
it to provide for future capital improvements. Unlike the second quarter of 1995
when a  distribution  of  $6.36  was  made  per  limited  partnership  unit,  no
distributions  to  partners  were made in the second  quarter  of 1996,  but the
General Partner does anticipate  making  distributions at some time during 1996.
Management has been concentrating  heavily on increasing  occupancies and at the
same time controlling expenses. Concessions to new tenants has thus proved to be
beneficial to the  properties  as  occupancies  are  beginning to increase.  The
General  Partner  feels this trend will  continue in the next several  months of
1996.

During January of 1996, the Partnership was able to secure new financing for the
Lakeview  Joint  Venture.  This reduced debt service and  decreased the mortgage
payments, however Lakeview continues to struggle with very low occupancies.

The  General  Partner  has a  signed  contract  for  the  sale  of  the  Foxhunt
Apartments,  although a firm closing date has not been established, and the sale
is dependent on the completion of due diligence and mortgage contingencies.

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

For the quarter ended June 30, 1996, the  Partnership's  net loss was $42,690 or
$0.53 per limited partnership unit. Net loss for the quarter ended June 30, 1995
amounted to $17,897 or $0.22 per unit.  For the six month  period ended June 30,
1996,  the net loss  was  $113,925  or $1.41  per  limited  partnership  unit as
compared  to $87,523  or $1.08 per  limited  partnership  unit for the six month
period ended June 30, 1995.

Partnership  revenue for the quarter  ended June 30, 1996  totaled  $427,929,  a
decrease  of $13,650  from the 1995 amount of  $441,579.  Total  rental  revenue
during this quarter dropped just over $14,000, with the majority of the decrease
being  attributed  to falling  economic  occupancy.  For the first six months of
1996, rental revenue dropped by almost $26,000; other income decreased by $4,800
mostly due to decreased  laundry income at The Villas and less security  deposit
forfeits  at  Players  Club.  Compared  to the prior  year,  physical  occupancy
dropped,  while  rental  concessions  and  delinquencies  increased.  Management
continues  to offer rental  concessions  and other  promotions  in an attempt to
increase  the  occupancies.  It is  expected  that in the third  quarter of 1996
occupancies  will increase and the concessions  being offered  currently will be
halted.







                                      -21-

<PAGE>

Results of Operations  (continued):
-----------------------------------

For the quarter ended June 30, 1996,  Partnership  expenses amounted to $449,341
which is almost  exactly the same as the same quarter in 1995. For the six month
period  ended June 30, 1996,  Partnership  expenses  decreased by almost  $7,200
which is only a slight  decrease as  compared to the same period in 1995.  There
was an increase in property operations expenditures of approximately $13,000; in
this area, specifically,  there was an increase in repairs and maintenance costs
and contracted  services  (specifically  landscaping and carpet cleaning) at The
Villas, while at Players Club there was a similar increase in the same expenses,
as well as an increase in payroll and related expenses.  Administrative expenses
decreased by just over $40,000 due to, for example,  decreased  management  fees
for The Villas as a result of lower occupancies. Insurance and real estate taxes
remained  fairly  stable  between the six month  periods ended June 30, 1996 and
1995.

For the six month period ended June 30, 1996, the Foxhunt Joint Venture incurred
a loss of  $62,851 as  compared  to $36,849  for the same  period in 1995.  This
property similarly suffered from lower occupancies and difficulty in collections
during the six month period ended June 30, 1996. The  Partnership  was allocated
$7,228  of the  total  loss for the six  month  period  ended  June 30,  1996 as
compared to $4,238 for the same period in the previous year.

The Lakeview  Joint  Venture had a net loss of $122,143 for the six month period
ended June 30, 1996.  For the six month  period ended June 30, 1995,  this joint
venture generated an almost identical net loss of $122,177.  The Partnership was
allocated  $19,812 and $19,817 of the loss for the six month  periods ended June
30, 1996 and 1995, respectively.























                                      -22-

<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
-----------------------------------------

Exhibit 27 - Financial Data Schedule (Electronic filing only)

Reports on Form 8-K - None.




















                                      -23-

<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                       January 2, 1997 
      ------------------------------            ------------------------
      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                       January 2, 1997  
      ------------------------------            ------------------------
      Joseph M. Jayson,                         Date
      President and Director



      /s/Michael J. Colmerauer                  January 2, 1997  
      ------------------------------            ------------------------
      Michael J. Colmerauer                     Date
      Secretary