The body of the fourth victim, who had drowned off Juhu beach along with three others, was found behind J W Marriott hotel in the wee hours today, police said.
Bodies of three others had been recovered yesterday.
"Search for the fourth missing boy, Faisal Shaikh, was on. Around 1.30 am, his body was found on the Juhu shore at the back of J W Marriott hotel," a senior police official said.
The body was taken to Cooper Hospital for post-mortem, after which it was handed over to the family members, he said.
The Coast Guard, which was involved in the search, called off the operation after the 16-year-old victim's body was found, the official added.
A Coast Guard spokesperson said, "Police informed us that the last body has been recovered. Thereafter, we called off the search operation."
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