<ARTICLE> 5
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
FINANCIAL  STATEMENTS OF REALMARK PROPERTY INVESTORS LIMITED  PARTNERSHIP IV FOR
TWELVE  MONTHS  ENDED  DECEMBER  31,  1996,  AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1

                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                               0
<SECURITIES>                                         0
<RECEIVABLES>                                  591,255
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             1,000,562
<PP&E>                                      32,383,773      
<DEPRECIATION>                              13,753,437
<TOTAL-ASSETS>                              20,488,126      
<CURRENT-LIABILITIES>                        4,737,790
<BONDS>                                     18,939,324
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                20,488,126
<SALES>                                              0
<TOTAL-REVENUES>                             5,536,412
<CGS>                                                0
<TOTAL-COSTS>                                6,723,126
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                           1,869,424
<INCOME-PRETAX>                             (1,186,716)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                              1,501,158
<CHANGES>                                            0
<NET-INCOME>                                   314,442
<EPS-PRIMARY>                                    13.06
<EPS-DILUTED>                                        0