Kate Moss Nearly Nude Signal ... Two If By Sea!

6/30/2016 7:03 AM PDT

Kate Moss: Nearly Nude Signal ... Two If By Sea!

Kate Moss still has the goods ... and she's making that crystal clear. 

The 42-year-old supermodel stepped onto her hotel balcony flashing fans in a see-through bra as she took pics of Venice, Italy. It's debatable who had the better view -- Kate or her fans below.

Either way ... grazie, donna!