Individually owned but run as a hotel is a small complex including studios in the center of Cabarete.
Hotel Cabarete Palm Beach Condos and Studios
You can't be more centrally located, and with ocean view, than this in Cabarete. Prices are pretty reasonable, too.
There are other options, but if you're not sure where you want to be... you can't really go wrong with Palm Beach Condos. Note: the studios have a stove top, but no oven.