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, 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 June 30, 1999 the registrant had 78,625.10 units of limited partnership
interest outstanding.


<PAGE>
<TABLE>
<CAPTION>

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

                                      INDEX
                                      -----


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

         Balance Sheets -
                  June 30, 1999 and December 31, 1998                          3

         Statements of Operations -
                  Three Months Ended June 30, 1999 and 1998                    4

         Statements of Operations -
                  Six Months Ended June 30, 1999 and 1998                      5

         Statements of Cash Flows -
                  Six Months Ended June 30, 1999 and 1998                      6

         Statements of Partners' (Deficit) Capital -
                  Six Months Ended June 30, 1999 and 1998                      7

         Notes to Financial Statements                                        8 - 22


PART II: MANAGEMENT'S DISCUSSION & ANALYSIS OF
-------- -------------------------------------
         FINANCIAL CONDITION & RESULTS OF OPERATIONS                         23 - 26
         -------------------------------------------


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

</TABLE>

                                       -2-
<PAGE>
<TABLE>
<CAPTION>
              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
              ----------------------------------------------------
                                 BALANCE SHEETS
                                 --------------
                       June 30, 1999 and December 31, 1998
                       -----------------------------------
                                   (Unaudited)

                                                                          June 30                 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                                         1,997,739                  1,874,186
                                                                   ------------------         ------------------
          Property, net                                                    5,066,843                  5,190,396

Investments in real estate joint ventures                                    106,333                    230,429

Cash                                                                         769,284                    842,779
Escrow deposits                                                              402,379                    328,770
Accounts receivable - affiliate                                                6,704                     99,995
Mortgage costs, net of accumulated amortization
     of $23,869 and $18,207 respectively                                     315,837                    321,499
Other assets                                                                  26,832                     31,676
                                                                   ------------------         ------------------

            Total Assets                                                 $ 6,694,212                $ 7,045,544
                                                                   ==================         ==================


LIABILITIES AND PARTNERS' CAPITAL
---------------------------------
Liabilities:
     Mortgages payable                                                   $ 5,267,124                $ 5,309,087
     Accounts payable and accrued expenses                                   203,254                    232,180
     Security deposits and prepaid rents                                     104,079                     91,261
     Accrued interest                                                         57,108                          -
                                                                   ------------------         ------------------
            Total Liabilities                                              5,631,565                  5,632,528
                                                                   ------------------         ------------------

Partners' (Deficit) Capital:
     General partners                                                       (152,648)                  (142,137)
     Limited partners                                                      1,215,296                  1,555,153
                                                                   ------------------         ------------------
           Total Partners' Capital                                         1,062,647                  1,413,016
                                                                   ------------------         ------------------

           Total Liabilities and Partners' Capital                       $ 6,694,212                $ 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 June 30, 1999 and 1998
                                      -----------------------------------------
                                                     (Unaudited)


                                                                            Three Months                Three Months
                                                                                Ended                      Ended
                                                                              June 30,                    June 30,
                                                                                1999                        1998
                                                                                ----                        ----

<S>                                                                               <C>                        <C>
Income:
     Rental                                                                   $  429,899                 $  352,906
     Interest and other income                                                    14,540                     21,694
                                                                                                   -----------------
                                                                       ------------------
     Total income                                                                444,439                    374,600
                                                                       ------------------          -----------------

Expenses:
     Property operations                                                         328,460                    307,059
     Interest                                                                    111,671                    113,552
     Depreciation and amortization                                                64,608                     64,608
     Administrative:
          To affiliates                                                           46,324                     41,867
          Other                                                                   55,018                     61,527
                                                                                                   -----------------
                                                                       ------------------
     Total expenses                                                              606,081                    588,613
                                                                       ------------------          -----------------

Loss before allocated loss from joint ventures                                  (161,642)                  (214,013)

Allocated loss from joint ventures                                                (4,145)                   (25,293)
                                                                       ------------------          -----------------

Net loss                                                                      $ (165,787)                $ (239,306)
                                                                       ==================          =================

Loss per limited partnership unit                                             $    (2.05)                $    (2.95)
                                                                       ==================          =================

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 OPERATIONS
                            ------------------------
                     Six Months Ended June 30, 1999 and 1998
                     ---------------------------------------
                                   (Unaudited)

                                                                        Six Months                 Six Months
                                                                           Ended                      Ended
                                                                          June 30                    June 30
                                                                           1999                       1998
                                                                           ----                       ----
<S>                                                                          <C>                        <C>
Income:
     Rental                                                             $  871,840                 $  764,329
     Interest and other income                                              34,787                     38,836
                                                                                            ------------------
                                                                 ------------------
     Total income                                                          906,627                    803,165
                                                                 ------------------         ------------------

Expenses:
     Property operations                                                   667,122                    711,229
     Interest                                                              224,268                    229,536
     Depreciation and amortization                                         129,216                    129,216
     Administrative:
          To affiliates                                                     87,467                     83,330
          Other                                                            110,552                    117,918
                                                                                            ------------------
                                                                 ------------------
     Total expenses                                                      1,218,625                  1,271,229
                                                                 ------------------         ------------------

Loss before allocated loss from joint ventures                            (311,998)                  (468,064)

Allocated loss from joint ventures                                         (38,371)                   (53,679)
                                                                 ------------------         ------------------

Net loss                                                                $ (350,369)                $ (521,743)
                                                                 ==================         ==================

Loss per limited partnership unit                                       $    (4.32)                $    (6.44)
                                                                 ==================         ==================

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


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

              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
              ----------------------------------------------------
                            STATEMENTS OF CASH FLOWS
                            ------------------------
                     Six Months Ended June 30, 1999 and 1998
                     ---------------------------------------
                                   (Unaudited)

                                                                        Six Months                 Six Months
                                                                           Ended                      Ended
                                                                         June 30,                   June 30,
                                                                           1999                       1998
                                                                           ----                       ----
<S>                                                                         <C>                        <C>
Cash flow from operating activities:
     Net loss                                                            $ (350,369)                $ (521,743)

Adjustments to reconcile net loss to net cash
     (used in) operating activities:
     Depreciation and amortization                                          129,216                    129,216
     Net loss from joint ventures                                            38,371                     53,679
Changes in operating assets and liabilities:
     Escrow deposits                                                        (73,609)                   (21,046)
     Other assets                                                             4,844                    (15,133)
     Accounts payable and accrued expenses                                  (28,926)                    85,361
     Security deposits and prepaid rent                                      12,818                    (51,878)
     Accrued interest                                                        57,108                          -
                                                                  ------------------         ------------------
Net cash (used in) operating activities                                    (210,547)                  (341,544)
                                                                  ------------------         ------------------

Cash flow from investing activities:
     Accounts receivable - affiliates                                        93,291                     16,176
                                                                  ------------------         ------------------
Net cash provided by investing activities                                    93,291                     16,176
                                                                  ------------------         ------------------

Cash flows from financing activities:
     Mortgage acquisition costs                                                   -                        142
     Principal payments on mortgages                                        (41,963)                   (14,689)
     Distributions from joint ventures                                       85,724                          -
                                                                  ------------------         ------------------
Net cash provided by (used in) financing activities                          43,761                    (14,547)
                                                                  ------------------         ------------------

Decrease in cash                                                            (73,495)                  (339,915)

Cash - beginning of period                                                  842,779                  1,422,361
                                                                  ------------------         ------------------

Cash - end of period                                                     $  769,284                 $1,082,446
                                                                  ==================         ==================



Supplemental Disclosure of Cash Flow Information:
     Cash paid for interest                                              $  167,160                 $  167,917
                                                                  ==================         ==================

</TABLE>
                        See notes to financial statements

                                       -6-
<PAGE>
<TABLE>
<CAPTION>

              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
              ----------------------------------------------------
                    STATEMENTS OF PARTNERS' (DEFICIT) CAPITAL
                    -----------------------------------------
                     Six Months Ended June 30, 1998 and 1997
                     ---------------------------------------
                                   (Unaudited)


                                                                General                        Limited Partners
                                                                Partners
                                                                 Amount                 Units                  Amount
                                                                 ------                 -----                  ------
<S>                                                               <C>                    <C>                    <C>
Balance, January 1, 1998                                       $ (116,342)            78,625.1               $ 2,389,175

Net loss                                                          (15,652)                   -                  (506,091)
                                                         -----------------       --------------        ------------------

Balance, June 30, 1998                                         $ (131,994)            78,625.1               $ 1,883,084
                                                         =================       ==============        ==================



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

Net loss                                                          (10,511)                   -                  (339,857)
                                                         -----------------       --------------        ------------------

Balance, June 30, 1999                                         $ (152,648)            78,625.1               $ 1,215,296
                                                         =================       ==============        ==================
</TABLE>
                        See notes to financial statements


                                       -7-


<PAGE>
              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP VI-B
              ----------------------------------------------------
                          NOTES TO FINANCIAL STATEMENTS
                          -----------------------------
                     Six Months Ended June 30, 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 six month periods ended
        June 30, 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.


                                       -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
        ------------------------------------------

        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.


                                       -9-
<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 ventures
        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 June 30, 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.
                                      -10-


<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 $2,594,059 and $2,635,392 at June 30, 1999
        and 1998, respectively, providing for monthly principal and interest
        payments of $19,864, bearing interest at 8.30%. The note matures June
        2027.


                                      -11-
<PAGE>

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

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

        A mortgage with a balance of $2,673,065 and $2,695,946 at June 30, 1999
        and 1998, providing for principal and interest payments of $20,824,
        bearing interest at 8.48%. The note matures June 2027.

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

        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 approximately $40,182 for both the six
        months ended June 30, 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 six months ended June 30, 1999 or
        1998.

                                      -12-
<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 $6,704 and $41,726 at June
        30, 1999 and 1998 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 approximately $3,168 for the six months
        ended June 30, 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.


                                      -13-
<PAGE>

        INCOME TAXES (CONTINUED)
        ------------------------

        The reconciliation of net loss for the six months ended June 30, 1999
        and 1998 as reported in the statements of operations, and as would be
        reported for tax purposes, is as follows:
<TABLE>
<CAPTION>
                                                           June 30,                   June 30,
                                                             1999                       1998
                                                             ----                       ----
<S>                                                   <C>                         <C>
        Net loss - statement of operations            $  ( 350,369)               $   ( 521,743)

        Add to (deduct from):
         Difference in depreciation                         15,000                          100
         Tax basis adjustments -
         Joint Ventures                                     72,000                  (      250)
         Other non-deductible expenses                      31,000                        9,000
                                                     -------------              ---------------

        Net loss - tax return purposes                $  ( 232,369)               $  ( 512,893)
                                                     =============              ===============

</TABLE>
        The reconciliation of Partners' Capital as of June 30, 1999 and December
        31, 1998 as reported in the balance sheet, and as reported for tax
        purposes, is as follows:
<TABLE>
<CAPTION>
                                                       June 30,                 December  31,
                                                         1999                        1998
                                                         ----                        ----
<S>                                                  <C>                        <C>
        Partners' Capital - balance sheet            $  1,062,647               $  1,413,016

        Add to (deduct from):
         Accumulated difference in
         depreciation                                       6,167               (      8,833)
         Tax basis adjustment -
         Joint Ventures                                   155,555                     83,555
         Syndication fees                               1,179,381                  1,179,381
         Other non-deductible expenses                    362,298                    331,298
                                                     ------------               ------------

        Partners' Capital - tax return purposes       $ 2,766,048               $  2,998,417
                                                     ============               ============
</TABLE>
                                      -14-
<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, 1999 and December 31, 1998 and the results of its
        operations for the six months ended June 30, 1999 and 1998 is as
        follows:


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

                             FOX HUNT JOINT VENTURE
                             ----------------------
                                 BALANCE SHEETS
                                 --------------
                       June 30, 1999 and December 31, 1998
                       -----------------------------------


                                                                              June 30             December 31
                                                                                1999                  1998
                                                                                ----                  ----
<S>                                                                              <C>                 <C>
ASSETS
------
    Cash and cash equivalents                                                  $ 591,331           $ 1,014,583
    Property, net of accumulated depreciation                                  2,512,657             2,530,775
    Accounts receivable - affiliates                                                   -               228,256
    Mortgage costs                                                               241,345               128,910
    Other assets                                                                 389,980               361,253
                                                                        -----------------     -----------------

                 Total Assets                                                $ 3,735,313           $ 4,263,777
                                                                        =================     =================



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

Liabilities:
     Mortgage payable                                                        $ 4,482,579           $ 6,000,000
     Accounts payable  and accrued expenses                                      228,969               294,685
     Other liabilities                                                           114,991               112,747
                                                                        -----------------     -----------------
                 Total Liabilities                                             4,826,539             6,407,432
                                                                        -----------------     -----------------

Partners' Capital                                                             (2,563,037)           (2,143,655)
                                                                        -----------------     -----------------

                Total Liabilities and Partners' Capital                      $ 2,263,502           $ 4,263,777
                                                                        =================     =================

</TABLE>

                                      -16-
<PAGE>
<TABLE>
<CAPTION>


                             FOX HUNT JOINT VENTURE
                             ----------------------
                            STATEMENTS OF OPERATIONS
                            ------------------------
                     Six Months Ended June 30, 1999 and 1998
                     ---------------------------------------


                                                                             Six Months            Six Months
                                                                               Ended                 Ended
                                                                              June 30,              June 30,
                                                                                1999                  1998
                                                                                ----                  ----
<S>                                                                              <C>                   <C>
Income:
     Rental                                                                    $ 688,211             $ 679,086
     Interest and other income                                                    46,282                57,921
                                                                        -----------------     -----------------
     Total income                                                                734,493               737,007
                                                                        -----------------     -----------------

Expenses:
     Property operations                                                         445,844               426,001
     Depreciation and amortization                                               241,106               149,809
     Interest                                                                    257,501               206,279
     Administrative                                                              123,699               132,109
                                                                        -----------------     -----------------
     Total expenses                                                            1,068,150               914,198
                                                                        -----------------     -----------------

Net income (loss)                                                             $ (333,657)           $ (177,191)
                                                                        =================     =================



Allocation of net income (loss):

     The Partnership                                                           $ (38,371)            $ (20,377)
     Other Joint Venturer (RPILP II)                                            (295,286)             (156,814)
                                                                        -----------------     -----------------

                                                                              $ (333,657)           $ (177,191)
                                                                        =================     =================

</TABLE>

                                      -17-


<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                                          (38,371)             (20,377)
        Distribution                                                    (85,724)                   -
                                                                    ------------         ------------

        Investment in joint venture, June 30                        $   143,288          $   355,523
                                                                    ============         ============
</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 six month period
        ended June 30, 1997 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.


                                      -18-
<PAGE>


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

        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, 1999 and December 31, 1998 and the results of its
        operations for the six months ended June 30, 1999 and 1998 is as
        follows:



                                      -19-
<PAGE>
<TABLE>
<CAPTION>
                             LAKEVIEW JOINT VENTURE
                             ----------------------
                                 BALANCE SHEETS
                                 --------------
                       June 30, 1999 and December 31, 1998
                       -----------------------------------


                                                                              June 30,            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>
                                      -20-


<PAGE>
<TABLE>
<CAPTION>

                             LAKEVIEW JOINT VENTURE
                             ----------------------
                            STATEMENTS OF OPERATIONS
                            ------------------------
                     Six Months Ended June 30, 1999 and 1998


                                                                             Six Months            Six Months
                                                                               Ended                  Ended
                                                                              June 30,              June 30,
                                                                                1999                  1998
                                                                                ----                  ----
<S>                                                                                    <C>             <C>
Income:
     Rental                                                                            $ -             $  142,122
     Interest and other income                                                           -                  6,131
                                                                          -----------------     ------------------
     Total income                                                                        -                148,253
                                                                          -----------------     ------------------

Expenses:
     Property operations                                                                 -                165,244
     Depreciation and amortization                                                       -                 72,906
     Interest                                                                            -                 85,509
     Administrative                                                                      -                 29,906
                                                                          -----------------     ------------------
     Total expenses                                                                      -                353,565
                                                                          -----------------     ------------------

Net loss                                                                               $ -             $ (205,312)
                                                                          =================     ==================



Allocation of net loss:

     The Partnership                                                                   $ -             $  (33,302)
     Other Joint Venturer                                                                -               (172,010)
                                                                          -----------------     ------------------

                                                                                       $ -             $ (205,312)
                                                                          =================     ==================

</TABLE>

                                      -21-

<PAGE>
        INVESTMENT IN JOINT VENTURES (CONTINUED)
        ----------------------------------------

        A reconciliation of the Partnership's investment in the joint venture is
        as follows:
<TABLE>
<CAPTION>
                                                                       1998               1997
                                                                       ----               ----
<S>                                                                 <C>                <C>
        Investment in joint venture, January 1                      $  (36,954)        $   (28,675)
        Allocation of net loss                                               -             (33,302)
                                                                    -----------        ------------

        Investment in joint venture, June 30                        $  (36,954)        $    (61,977)
                                                                    ===========        ============
</TABLE>







                                      -22-
<PAGE>

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


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

The Partnership continues to maintain sufficient cash balances to enable it to
provide for future capital improvements. Management has been replacing all worn
carpets and old appliances at both Players Club and Fairway Club (formerly The
Villa Apartments). Other capital improvements and/or physical improvements
planned include both interior and exterior painting and completion of roof
repairs at The Villa Apartments. Management continues to stress to its on-site
employees the importance of physical appearance as a means of attracting new
tenants. Management feels these properties are located in desirable areas where
the market is strong for apartment rentals; the physical appearance of these
properties is what management believes will set them apart from the competition.

No distributions were made during the six months ended June 30, 1999 or 1998.
The General Partner does hope to resume making distributions during the last six
months of 1999.

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.



                                      -23-

<PAGE>

Liquidity and Capital Resources (continued)
-------------------------------------------

The General Partners successfully refinanced the mortgage on Foxhunt Apartments
in July 1998. The new mortgage calls for interest only payments for one year and
matures August 1, 1999. Management received an extension on this loan until
September 30, 1999. The General Partners believe the mortgage will have
permanent financing by that date.

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 began 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
October 31, 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.


                                      -24-
<PAGE>

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

For the quarter ended June 30, 1999, the Partnership's net loss was $165,787 or
$2.05 per limited partnership unit. Net loss for the quarter ended June 30, 1998
amounted to $239,306 or $2.95 per unit. For the six month period ended June 30,
1999, the net loss was $350,369 or $4.32 per limited partnership unit as
compared to $521,743 or $6.44 per limited partnership unit for the six month
period ended June 30, 1998.

Partnership revenue for the quarter ended June 30, 1999 totaled $444,439, an
increase of approximately $70,000 from the 1998 amount of $374,600. Total rental
revenue during this quarter increased almost $77,000, with the majority of the
increase being attributed to decreased vacancies at Fairway Club (formerly The
Villa); vacancies at this complex decreased by approximately 39%. For the first
six months of 1999, rental revenue increased approximately $107,500 as compared
to the first six months of 1998; other income decreased a modest $4,000 mostly
due to decreased late charges at Fairway Club.

For the quarter ended June 30, 1999, Partnership expenses amounted to $606,081
which is an increase of approximately $17,000 from those incurred in the same
quarter in 1998. For the six month period ended June 30, 1999, Partnership
expenses amounted to $1,218,625 which is a decrease of approximately $52,600 as
compared to the same period in 1998 when expenses totaled $1,271,229. The most
notable decrease was found in property operations expenditures. More
specifically, decreases were noted again (i.e., the same was noted in the first
quarter of 1999) in the second quarter of 1999 in contracted services at both
properties in the Partnership due to the fact that more maintenance work is
being done by in-house maintenance staff. Payroll and related costs increased
for the six months ended June 30, 1999 as compared to the same period during
1998 due to more maintenance at the property being done by on-site personnel.
Management expects to see some increases in property operations expenses at
Fairway Club in the remaining six months of 1999 as contracts have either been
signed or management is in the process of obtaining bids for roof repairs,
concrete repairs to sidewalks, resurfacing of the tennis courts and patching,
sealing and re-striping of the parking lot(s). The estimated cost to complete
these items is approximately $30,000. At Players Club, the only capital
improvement scheduled/planned is the replacement of stairs to the second floor
of apartments; this is estimated to cost approximately $8,000. Administrative
expenses in total remained fairly consistent between the two six month periods
with only a small decrease of approximately $3,200 being recorded.

                                      -25-
<PAGE>

Result of Operations (continued)
--------------------------------

For the six month period ended June 30, 1999, the Foxhunt Joint Venture had a
loss of $333,657 as compared to a loss of $177,191 for the same period in 1998.
According to the Joint Venture agreement, the Partnership was allocated $38,371
of the loss for the six months ended June 30, 1999. The increased loss is
primarily the result of increased depreciation expense recorded during the six
months ended June 30, 1999; during a portion of the six months ended June 30,
1998, Foxhunt Apartments were deemed to be held for sale and according to
accounting pronouncements were therefore not depreciated during this period.

On a tax basis, the Partnership loss totaled $232,369 or $2.87 per limited
partnership unit for the six month period ended June 30, 1999 as compared to the
tax loss for the six month period ended June 30, 1998 which was $512,893 or
$6.33 per limited partnership unit.







                                      -26-
<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.



                                      -27-

<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                                September 29, 1999
         ---------------------                                ------------------
         Joseph M. Jayson,                                    Date
         Individual General Partner and
         Principal Financial Officer




                                      -28-