A Coolangatta street has turned into a major crime scene this afternoon after a man was found dead, triggering a dramatic manhunt across the Gold Coast.

Around 1.05pm, concerned residents alerted police to the suspicious behaviour of a man in his 20s.

As a result, police attended an apartment complex on Dutton Street where they found a man with fatal stab wounds.

Another man in his 20s fled the scene but was tracked down in Upper Coomera around an hour later where he was taken into custody.

Two crime scenes have since been established in Coolangatta and Upper Coomera as detectives investigate the circumstances surrounding the death.

Police believe the men were known to each other and have confirmed there is no ongoing danger to the public.

Authorities are calling for witnesses or anyone with relevant CCTV or dashcam footage to come forward as investigations continue.

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