<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
financial statements of Realmark Property Investors Limited Partnership V for
the quarter ended March 31, 2000, and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<MULTIPLIER> 1

<S>                                    <C>
<PERIOD-TYPE>                          3-MOS
<FISCAL-YEAR-END>                                  DEC-31-2000
<PERIOD-START>                                     JAN-01-2000
<PERIOD-END>                                       MAR-31-2000
<CASH>                                                         1,139,133
<SECURITIES>                                                           0
<RECEIVABLES>                                                     53,019
<ALLOWANCES>                                                     114,865
<INVENTORY>                                                            0
<CURRENT-ASSETS>                                                       0
<PP&E>                                                        29,366,389
<DEPRECIATION>                                                11,583,111
<TOTAL-ASSETS>                                                21,204,059
<CURRENT-LIABILITIES>                                            628,758
<BONDS>                                                                0
<COMMON>                                                               0
                                                  0
                                                            0
<OTHER-SE>                                                             0
<TOTAL-LIABILITY-AND-EQUITY>                                  21,204,059
<SALES>                                                                0
<TOTAL-REVENUES>                                               1,387,645
<CGS>                                                                  0
<TOTAL-COSTS>                                                    956,806
<OTHER-EXPENSES>                                                       0
<LOSS-PROVISION>                                                       0
<INTEREST-EXPENSE>                                               424,981
<INCOME-PRETAX>                                                    5,858
<INCOME-TAX>                                                           0
<INCOME-CONTINUING>                                                    0
<DISCONTINUED>                                                         0
<EXTRAORDINARY>                                                        0
<CHANGES>                                                              0
<NET-INCOME>                                                       5,858
<EPS-BASIC>                                                            0
<EPS-DILUTED>                                                          0


</TABLE>



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