Gisele Bündchen was spotted in Miami on Monday, October 28 – the same day news broke that she is expecting her first child with boyfriend Joaquim Valente.

Bündchen, 44, was spotted walking with her German Shepherd Alfie in Miami. She was wearing a black baseball cap, a black T-shirt, dark gray shorts and white tennis shoes. Her baby bump doesn’t seem visible yet.

The supermodel is expecting her third child — her first with Valente, a jiu-jitsu instructor, a source close to Bündchen confirmed to PEOPLE on Monday. Bündchen and Valente, 37, have been dating since June 2023.

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“Gisele and Joaquim are happy with this new chapter in their lives and they look forward to creating a peaceful and loving environment for the entire family,” the source told PEOPLE in a statement.

The model, who was a Victoria’s Secret Angel for seven years, did not walk in the 2024 Victoria’s Secret Fashion Show, which was held on October 15. The show, which recently returned after a five-year hiatus, featured many angels from the past.

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Valente and Bündchen were first seen together weeks after her divorce from former New England Patriots and Tampa Bay Buccaneers quarterback Tom Brady was finalized in November 2022. After months of denial about their romance, a source close to the couple confirmed to PEOPLE 2024 in February that the supermodel and her trainer had been dating since June 2023.

Bündchen shares two children with Brady: Benjamin Rein, 14, and Vivian Lake, 11. The couple was married for 13 years before divorcing in 2022. Brady and Bündchen agreed to joint custody of their children.