Tobacco Caye Paradise is located on the northern tip of the island and arguably has some of the most idyllic accommodations on the island, with a number of small cabanas that are actually out over the sea. The cabanas closer to the northern tip of the island also have excellent views of the reef. The cabanas have private baths.
There is also a lodge building with a number of rooms that share a bath. If you decide to stay here I would definitely recommend getting into one of the cabanas, the lodge building is nestled in the center of the island as a result you will not get the nice sea breeze through your room as you would with sea front accommodations.
Meals are included in the cost of accommodations.
Unfortunately I did not get a chance to speak with the owners of Tobacco Caye Paradise while at Tobacco Caye, to get additional information.