<ARTICLE> 5

<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
FINANCIAL  STATEMENTS OF REALMARK PROPERTY INVESTORS LIMITED  PARTNERSHIP IV FOR
NINE MONTHS  ENDED  SEPTEMBER  30,  1997,  AND IS  QUALIFIED  IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1
        


                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                               0   
<SECURITIES>                                         0   
<RECEIVABLES>                                  588,524   
<ALLOWANCES>                                         0   
<INVENTORY>                                          0   
<CURRENT-ASSETS>                             1,681,291   
<PP&E>                                      32,591,918      
<DEPRECIATION>                              13,977,260   
<TOTAL-ASSETS>                              20,531,331    
<CURRENT-LIABILITIES>                        5,700,530   
<BONDS>                                     18,734,069   
<PREFERRED-MANDATORY>                                0   
<PREFERRED>                                          0   
<COMMON>                                             0   
<OTHER-SE>                                           0   
<TOTAL-LIABILITY-AND-EQUITY>                20,531,331   
<SALES>                                              0   
<TOTAL-REVENUES>                             3,985,583   
<CGS>                                                0   
<TOTAL-COSTS>                                4,684,884   
<OTHER-EXPENSES>                                     0   
<LOSS-PROVISION>                                     0   
<INTEREST-EXPENSE>                           1,454,073   
<INCOME-PRETAX>                               (699,301)  
<INCOME-TAX>                                         0   
<INCOME-CONTINUING>                                  0   
<DISCONTINUED>                                       0   
<EXTRAORDINARY>                                      0   
<CHANGES>                                            0   
<NET-INCOME>                                  (699,301)  
<EPS-PRIMARY>                                   (29.03)
<EPS-DILUTED>                                        0