Gisele Bündchen and Joaquim Valente Ride Jet Skis in Florida

Gisele Bündchen and Joaquim Valente aren’t sipping cocoa and warming by the fire this holiday season … they’re enjoying the sun and surf off the coast of Florida.

The happy couple hopped on jet skis and carved up the clear water near their home in Surfside, FL … life jackets and sunglasses on as they whipped around the area.

Bündchen showed off those long, supermodel legs of hers … strengthened by all that jiu jitsu she’s practiced with her beau of more than 2 years.

It’s been a milestone year for the GB and JV … who welcomed their first child together back in February — a son whose name and face the couple’s keeping under wraps.

Gisele’s wrapping up her busy year with tons of hours by the water … taking part in a photoshoot earlier this week while showing off her toned bod in a cheeky one-piece bathing suit.

She was posing as a sexy surfer … though, with the amount of jet skiing we’ve seen her do over the years, we’d guess extreme watersports are more her vibe.