After a 16-hour search, Key West police Friday afternoon arrested Francisco Leon Marquez, 36, in the stabbing death of his co-worker at the Ibis Bay Resort, 29-year-old Giovanni Perez.

Marquez is charged with first-degree murder. Police found him hiding beneath a trailer on Stock Island.

Police were called to the Ibis Bay Resort on North Roosevelt Boulevard around 12:30 a.m. Friday, where they found Perez stabbed multiple times in the chest and arm with a "large knife," according to police spokeswoman Alyson Crean.

Perez was airlifted to the Ryder Trauma Center at Jackson Memorial Hospital in Miami, where he died from his injuries.

Crean said that based on witness statements, the two men had been drinking on a houseboat behind the resort when they got into an argument that turned violent.

Marquez has been arrested four times in the Florida Keys since 2006 on charges including carrying a concealed weapon, possession of cocaine, aggravated battery with a deadly weapon and violating terms of his probation, according to records maintained by the Monroe County Sheriff's Office.

This is the third apparent homicide in Key West since Sept. 2, when Carl Eric Johanson, 66, was found dead in his apartment at the Henry Haskins Senior Citizen Plaza on Kennedy Drive, bound and with his throat slashed.

Tod Geofrey Helfrich, 46, is the prime suspect in the Johanson investigation, although he has not been charged as prosecutors await forensic analysis by the Florida Department of Law Enforcement. Helfrich is being held at the Monroe County Detention Center on charges of probation violation and grand theft after he was caught in Orlando with Johanson's car, cell phone and credit card.

Peter Erik Hedvall, 26, is charged with first-degree murder in the Oct. 28 killing of Venezuelan native Jonathon Alvarado, found dead under a truck on Grinnell Street. Police say his head was smashed with a rock.