Recreational divers made the discovery late Friday about 60 feet from the pier.
The body is believed to be that of 22-year-old David Thompson. Thompson and a woman leaped off the pier on April 14 after daring each other to jump, according to authorities.
The woman made it to shore, but witnesses said Thompson went under a wave and didn't come up.
The body has been turned over to the coroner's office for identification.