The body of a man who went missing while fishing off Queensland’s Sunshine Coast has been found not far from where he disappeared.

Luke Howard, 35, was fishing with a friend on a jet ski in calm waters near Mudjimba Island when he went missing.

He had taken his life jacket off and entered the water to investigate problems with his jet ski, which was taking on water.

Police said Mr Howard was unable to climb back on.

He clung to the back of the jet ski as his friend tried to drive them back to shore, but disappeared from sight.

Distraught onlookers wait during the sea search for missing Sunshine Coast man Luke Howard. Photo: ABC

Mr Howard has been described as a fit person who regularly swam from Coolum to Mooloolaba and competed in triathlons.

His body was found by police divers about 10:00am, off Mudjimba Island.

The jet ski community is organising a gathering for the weekend, where they will take out their jet skis to pay tribute to Mr Howard.

“We are so incredibly saddened and distraught to lose one of our own,” iJetSki said in a Facebook statement.

“A legend, a good mate, a family man and fisherman.
“We will remember you and your big smile and positive vibe.”

Divers could not be used yesterday due to strong currents, despite flat water and good visibility.

A drone and about 30 volunteers also helped in the search.

A report is being prepared for the coroner.